4,997
edits
m (→Economics) |
|||
Line 1,084: | Line 1,084: | ||
* market revolution | | * market revolution | | ||
<ul><li>{{#tip-text:mineral-based economy| into the 1830s, the growing use of coal to power mills and factories supplemented the need for water mills; growing mining expertise and use of "furnaces" (smelters to melt metals) led to production of metals and metal-based items, including machines, household goods, etc.}}</ul></li> | <ul><li>{{#tip-text:mineral-based economy| into the 1830s, the growing use of coal to power mills and factories supplemented the need for water mills; growing mining expertise and use of "furnaces" (smelters to melt metals) led to production of metals and metal-based items, including machines, household goods, etc.}}</ul></li> | ||
* Cyrus McCormick | * Cyrus McCormick | ||
<ul><li>{{#tip-text:middling class| 19th century term for what today we call the "middle class"; made up of farmers, artisans, mechanics, merchants, surveyors, lawyers, the "middling class" constituted about 30% of antebellum society; as these professions prospered, the middling class became important parts of the overall economy for production and consumption, especially of consumer goods, houses, carriages, etc.}}</ul></li> | <ul><li>{{#tip-text:middling class| 19th century term for what today we call the "middle class"; made up of farmers, artisans, mechanics, merchants, surveyors, lawyers, the "middling class" constituted about 30% of antebellum society; as these professions prospered, the middling class became important parts of the overall economy for production and consumption, especially of consumer goods, houses, carriages, etc.}}</ul></li> |