addMaster Flashcards

(7 cards)

1
Q

Define

Democratic economic ideology (Jacksonian Democrats)

A

Favored laissez-faire, minimal federal involvement, opposed national bank, distrusted corporations, promoted agriculture and local control.

Viewed federal economic power as a path to corruption and elite domination.

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2
Q

Define

Whig economic ideology

A

Supported activist federal government, national bank, internal improvements, tariffs, and industrial growth.

Believed economic progress reflected moral progress and national virtue.

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3
Q

Explain

Rise of the corporation

A

Introduced limited liability and perpetual existence, enabling large-scale investment in railroads, canals, and factories.

Central to national market economy and modern capitalism.

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4
Q

Describe

Task System of enslaved labor

A

Enslaved workers received daily tasks and gained limited free time after finishing; common on rice and coastal plantations.

Allowed more autonomy and cultural preservation than the gang system.

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5
Q

Explain

Plantation System as an economic and social unit

A

Functioned as self-contained ecosystems with food, labor, crafts, and living quarters; corn grown for subsistence, not export.

Plantation homes faced rivers because waterways were main trade and transportation routes.

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6
Q

Identify

Forms of enslaved resistance

A

Family/religion, day-to-day sabotage, escape/runaways, and violent rebellion.

Silent sabotage most common; rebellions rare but symbolically powerful.

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7
Q

Define

Characteristics of the Market Revolution

A

National markets, regional specialization, rapid innovation (steamboat, telegraph, railroad), expanding commerce, and legal support for contracts & corporations.

Transformed daily life and deepened sectional divisions between North and South.

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