Economic Transformations in America After the War of 1812

The video discusses America's economic transformation after the War of 1812, highlighting the shift from a mercantilist system to capitalism and a free enterprise market. It explains how this transition led to industrialization, with a move from cottage industries to factory systems. The video also covers the impact of the Industrial Revolution on urbanization, noting both the opportunities and challenges it brought, such as pollution and child labor.

What was a significant consequence of the War of 1812 for America's economy?

• Increased reliance on British imports

• Development of a self-sufficient industrial base

• Strengthening of mercantilist policies

• Decrease in domestic production

Which economic system did America adopt after the War of 1812?

• Socialism

• Feudalism

• Capitalism

• Mercantilism

In a free enterprise system, who primarily owns businesses?

• The government

• Foreign investors

• Private individuals

• Community cooperatives

What is a key difference between the cottage industry and the factory system?

• Factory system has higher production costs

• Factory system relies on handmade goods

• Cottage industry produces higher quantities

• Cottage industry typically offers higher quality

How did the Industrial Revolution affect production times?

• Increased production times

• Decreased production times

• Had no effect on production times

• Made production times unpredictable

What was a major reason for people moving to urban areas during the Industrial Revolution?

• More educational opportunities

• Availability of factory jobs

• Better weather conditions

• Lower cost of living

Which cities experienced significant growth due to urbanization in the mid-1800s?

• Miami and Orlando

• Chicago and Detroit

• New York City, Boston, and Philadelphia

• Los Angeles and San Francisco

What was one of the negative effects of urbanization during the Industrial Revolution?

• Increased pollution

• Decrease in population

• Improved public health

• Higher wages

Which of the following was a labor issue caused by urbanization?

• Shorter working hours

• Excessive worker benefits

• Child labor

• High unemployment rates

What was a common problem in urban areas during the Industrial Revolution?

• High literacy rates

• Low crime rates

• Overpopulation

• Abundant green spaces