Market Revolution Definition and Causes EQ n Was

Market Revolution Definition and Causes

EQ: n Was the overall impact of the market revolution positive or negative?

Before Market Revolution: 1600 s-1700 s n n Small farms; production for family Soap, milk, food, clothes, etc. all made at home (mostly women) For missing goods, people bartered: a bag of apples for three bars of soap Almost no selling to others; not much use for money

What is the Market Revolution? n Market = people buying goods (not just a building) ¡ n Ex. “the teenage market” = big $$ Market Revolution = expansion of market ¡ ¡ Less bartering Commercialization: producing to sell for profit; use of CASH

Causes-Why the Market Revolution? Why then? 1. Transportation Revolution: access to cities (a market) easier/cheaper = encourages profit (commercial) farms 2. Use of Machines (need loan, produce more for profit) 3. Commercialization: farmers traveling west need loans for land = cash market; produce for market to pay loans

Assignment n You will examine 8 Documents as a group. n Guiding Question: Was the overall impact of the market revolution positive or negative?

DBQ Practice-Market Revolution n Question- To what extent did the Market Revolution have a positive impact on the United States in the early 19 th century? n On a separate sheet of paper, write: 1. Thesis sentence (with thesis/categories of evidence) 2. Body paragraph (one of the categories of evidence you chose) n n ¡ ¡ Use at least 2 documents in your paragraph as evidence Include ONE of the following in your analysis of each paragraph n n Historical Context Intended Audience Point of View Purpose