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Chapter 8 in a Day: Creating a Republican Culture - PowerPoint PPT Presentation

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Chapter 8 in a Day: Creating a Republican Culture

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  1. Chapter 8 in a Day:Creating a Republican Culture 14 October 2010

  2. Topics • Growth of a Market Economy • Gender and the Family • Education • Cultural Independence • Slavery • Protestant Christianity

  3. In what ways did government provide support for the growth of industry and transportation from 1790 through the 1820s?

  4. Capitalism • A system of economic production based on the private ownership of property and the contractual exchange for profit of goods, labor, and money (capital)

  5. Banks, Manufacturing, and Markets • Banking and credit • BUS 1791 • Second BUS 1816 • State legislatures charter banks in btwn (246 by 1816) • Panic of 1819 • Sparked by30% drop in world agriculture prices • Business cycle (periodic expansion & contraction) • Rural manufacturing

  6. Transportation and Public Policy • Turnpikes! • Canals! • Part of Commonwealth system (state mercantilism) • State aid to private businesses for projects to improve the general welfare • In line with republican principles??

  7. The Cheneys, c. 1795.National Gallery of Art, Washington, Gift of Edgar William and Bernice Chrysler Garbisch

  8. The Caverlys, c. 1836.New York State Historical Society, Cooperstown.

  9. 1795, James Peale

  10. The Missouri Compromise

  11. The Second Great Awakening, 1790-1860