Define
Democratic economic ideology (Jacksonian Democrats)
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.
Define
Whig economic ideology
Supported activist federal government, national bank, internal improvements, tariffs, and industrial growth.
Believed economic progress reflected moral progress and national virtue.
Explain
Rise of the corporation
Introduced limited liability and perpetual existence, enabling large-scale investment in railroads, canals, and factories.
Central to national market economy and modern capitalism.
Describe
Task System of enslaved labor
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.
Explain
Plantation System as an economic and social unit
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.
Identify
Forms of enslaved resistance
Family/religion, day-to-day sabotage, escape/runaways, and violent rebellion.
Silent sabotage most common; rebellions rare but symbolically powerful.
Define
Characteristics of the Market Revolution
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.