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Explore the transformative period of post-Civil War America, where the Second Industrial Revolution spurred growth in industry and infrastructure. The North benefited from technological advancements and influential industrialists like Vanderbilt, Carnegie, and Rockefeller. Key legislation such as the Morrill Tariff and National Banking Act shaped the economy, while the South faced a slow recovery, transitioning from slavery to sharecropping and struggling to industrialize.
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The period following the American Civil War saw a surge in industrial growth and urbanization in the United States
Cornelius Vanderbilt
Cornelius Vanderbilt was one of the powerful industrialists who amassed great wealth during the Second Industrial Revolution
Andrew Carnegie
Andrew Carnegie was another influential industrialist who benefited from the war's outcome
John D. Rockefeller
John D. Rockefeller was a prominent industrialist who also gained significant wealth during this era
The South faced economic restructuring due to the end of slavery and the war's destruction, leading to changes in its labor system and agricultural practices
The Morrill Tariff Act of 1861 raised import taxes to support the federal government and the war effort, setting a precedent for protectionist trade policies
The National Banking Act of 1863 established a uniform currency and regulated banking system, which financed the war and laid the foundation for a more integrated national economy
The Republican Party held significant influence in the federal government during this time, leading to key pieces of legislation that shaped the post-Civil War economic landscape
The North saw substantial investments in its infrastructure, particularly in the expansion of the railroad network, which far surpassed that of the South
The Pacific Railway Act of 1862 provided federal support for the construction of the transcontinental railroad, stimulating economic development and facilitating the movement of goods and people across the nation
Technological innovations, such as the Singer sewing machine, played a crucial role in supporting the war effort and the growth of the industrial economy
The Southern economy was devastated by the Civil War, with the abolition of slavery and targeted destruction of its infrastructure causing significant economic dislocation
The Freedmen's Bureau, established in 1865, aimed to assist freed slaves during the transition from slavery to freedom, making notable contributions in education and establishing schools and institutions
In response to economic challenges, the post-war South began to diversify its economy, leading to the rise of the "New South" and an increase in industrialization and infrastructure rebuilding
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The era after the ______ ______ ______, known as the 'Second Industrial Revolution,' saw significant industrial and urban growth in the ______ ______.
American Civil War
United States
01
Morrill Tariff Act of 1861 impact
Raised import taxes to support federal government and Civil War, led to protectionist trade policies.
02
National Banking Act of 1863 purpose
Established uniform currency and regulated banking, financed war via bonds, spurred national business growth.
