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Limited Liability represents a point when investors are only financially responsible for the corporation’s debt to the value of their investment.

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Textile factories develop usable products from fibers such as yarn, fabric, etc. Some products would include sheets, towels, and clothing.

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The Industrial Revolution refers to a sudden change in our economy and culture brought by the use of machines to do work that was previously done by hand.

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Industrialists are people who gain wealth from the ownership of industrial business and favor government policies that support the industry.

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https://docs.google.com/document/d/1G1BO8dT3Uv-kg7fle-GwltmkFD9vxSHc5JINNHRbudc/edit

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This is a map of the Erie Canal from 1825 that was published under authority under the direction of the Secretary of the State from E. and E. Hosford. 

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Map of Erie Canal and The Importance of Other Canals

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Map of Erie Canal and The Importance of Other Canals

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This map shows us the importance of the Erie canal through visualizing the different areas it is connected to and the directions of merchants who wanted to export and import goods. Canals were key as they were an important part of transportation for people looking for exploration, land, or resources and trading local goods for desired resources.

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Environmental Issues + Problems of Becoming a Laborer

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Environmental Issues + Problems of Becoming a Laborer

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Due to the lack of government regulation, businesses were able to grow at blazing speeds. Business owners could create the most harsh conditions for workers and use the most environmentally dangerous machines without government regulations. This led to greedy and poor working conditions for laborers and harsh environmental problems caused due to the large amount of inefficient machines that were developed at the time.

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The War of 1812 caused a British Blockade on the US’s eastern coastline, this was bad for the economy as it forced fishing and shipping to come to a stop. Being cut off from the Sea, the US had to focus on manufacturing and its industry to make both profits and supply themselves with the goods they were unable to receive due to the Blockade.

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The Embargo act of 1807 didn’t allow US ships to leave for foreign ports and foreign ships from carrying American goods to foreign areas, intended to completely cut off England and France so both would. “suffer economically. However, the American economy was truly devastated, yet England and France had taken no effect from the act. From the lack of access to goods, Americans began growing their own economy.

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Slave trade was another part of America's fuel to complete serious labor without spending much. Shipowners, who sold their ships to the people who were participating, profit and so do many others such as farmers and fishermen who were able to use slaves for personal labor. In fact, slave plantations in the West Indies housed the largest American economy of fish, oats, corn, flour, lumber, etc.

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This is a, “Grain-boat,” going through the Erie Canal carrying freight, with another boat in front of it, we also see mules and horses walking down a road next 

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In the beginning, line boats would carry people and freight such as lumber, gravel or agricultural products going east, and manufactured products (stoves, nails, cloth, etc.) going west. Some boats would go further to help families to emigrate to Ohio and other parts of the Midwest through carrying them, their goods, and supplies. In many cases, each boat would become the users home, the father would be the captain, the mother would be the cook, and the children would play or help out as needed.

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Boats and boating--Equipment and supplies

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The corporations began to grow as the need for money grew, this primarily happened as they had the ability to accumulate capital funds from many investors that were interested in investing. Although there was no limit to the amount of money one could invest, a process referred to as limited liability was put into place.

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In 1846, when Elias Howe developed the sewing machine, skilled seamstresses could not compete with the unskilled laborers. Unfortunately, laborers came to earn much less operating the sewing machines rather than sewing by hand.

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With Railroads, the US was able to communicate and establish trade routes from the West back to the East. Railroads further promoted the growth of industries such as coal and steel and sped up the transportation of goods between areas.

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Canal and railway construction played a key role in transporting both goods and people, which heavily supported the US industry.

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Eli Whitney was an inventor who developed the Cotton Gin, one of the key inventions of the Industrial revolution. He entered Yale College where he learned many concepts and experiments within science and technology(it was referred to as the applied arts back then).

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The cotton gin was able to complete the task of cleaning cotton of its seeds at a mass scale. It was truly created due to the surge of demands from Europe and its expanded market. In fact, a greater reason this invention was important was due to its simplicity, it could be, powered by man, animal, or even water! The device in the end, “pulled the cotton through a set of wire teeth mounted on a revolving cylinder, the fiber passing through narrow slots in an iron breastwork too small to permit passage of the seed.”

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Industry Growth Evolving Military Capabilities

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Industry Growth Evolving Military Capabilities

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Eli Whitney had come up with the idea of creating guns with interchangeable parts, this concept made it easier to repair, redevelop, and replace each gun. Although this idea originated in Europe, Americans were the ones' who successfully commercialized the product.

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With the rise of Industrialism, serious labor demands were put in place. These demands were satisfied by millions of immigrants from Ireland, Germany, and elsewhere. But from this, severe effects came into place, different parties, old and new, took strong positions on their ideologies for the rights of the immigrants. Eventually, these positions hardened leading to major political changes within America.

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During the 1800’s, the American industry was truly created and began moving away from home-based craftsmanship towards automation in factories and mills that relied on machines rather than people. These machines could perform necessary tasks that are predetermined and without human effort.

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Factories and Mills Supporting The American Economy

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Factories and Mills Supporting The American Economy

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With factories and mills, Americans were able to create larger industries in shorter periods of time and develop clothing, tools that helped workers improve upon their work, and the high-pressure steam engine that was adaptable to complete a large variety of industrial needs. One example could be Oliver Evans, who developed the high-pressure steam engine in 1804. His steam engine was capable of powering ships, sawmills, printing presses, and textile factories. His steam engine allowed people to complete tasks more efficiently and therefore gain more profits for the user.