In which John Green teaches you about the Market Revolution. In the first half of the 19th century, the way people lived and worked in the United States changed drastically. At play was the classic (if anything in a 30-year-old nation can be called classic) American struggle between the Jeffersonian ideal of individuals sustaining themselves on small farms vs. the Hamiltonian vision of an economy based on manufacturing and trade. I’ll give you one guess who won. Too late! It was Hamilton, which is why if you live in the United States, you probably live in a city and are unlikely to be a farmer. Please resist the urge to comment about this if you live in the country and/or are a farmer. Your anecdotal experience doesn’t change the fact that most people live in cities. In the early 19th century, new technologies in transportation and communication helped remake the economic system of the country. Railroads and telegraphs changed the way people moved goods and information around. The long and short of it is, the Market Revolution meant that people now went somewhere to work rather than working at home. Often, that somewhere was a factory where they worked for an hourly wage rather than getting paid for the volume of goods they manufactured. This shift in the way people work has repercussions in our daily lives right down to today. Watch as John teaches you how the Market Revolution sowed the seeds of change in the way Americans thought about the roles of women, slavery, and labor rights. Also, check out high school John wearing his Academic Decathalon medals.
Hey teachers and students – Check out CommonLit’s free collection of reading passages and curriculum resources to learn more about the events of this episode. As America invested in its market economy, certain transcendentalists resisted the rise of production and consumerism over individual freedoms, including Henry David Thoreau in his book Walden: https://www.commonlit.org/texts/excerpt-from-walden
Ralph Waldo Emerson promoted transcendental values as well in his essay “Self-Reliance”: https://www.commonlit.org/texts/excerpt-from-self-reliance
Chapters:
Introduction: The Market Revolution 00:00
The Era of Good Feelings 1:00
New technology in transportation 1:43
Steamboats and canals 2:45
Railroads & telegraphs 3:35
Factories & interchangeable parts 4:02
The rise of modern banking 4:51
Encouraging Competition 5:37
Work & life during the Market Revolution 6:29
Westward expansion & “Manifest Destiny” 8:32
Mystery Document 10:09
Transcendentalists 11:28
Wealth disparities after the Market Revolution 11:53
Credits 13:33
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Ahhhh… wall street. I hope there isn't A CRASH…
🙂
This episode is so incredibly relevant to what's happening now — and as someone born to the working class, this speaks volumes.
man everyone here is in high school or college, and i'm here in 5th grade
Not here for APUSH, just bored
Nice holland shirt John from the past.
potato famine
why do I hear the top of morning bell
The steamboats on the Mississippi River sounds like something in Tom Sawer were someone drowns and they get silver filled bread to make the dead bodies float up toward the water
Why are people talking about tests or trying to debunk the wage gap? Like who cares? This man just broke down in 14 minutes how our country went from free people with meaningful work to a country of owner and worker with meaningless work, controlled by the ticking of a clock. Does anyone have any meaningful thoughts on this?
watching this five minutes before the test
I'm watching this less than 2 hours before the test and I haven't studied otherwise… oh well i'll probably pass anyways.
Me before my text in 2 hours 👁👄👁
2 hours 40 minutes 🤮
waiting for the exam currently 🤢😭
Watching this the morning of the apush exam
procrastination at it's finest, the apush test is in 3 hours and 40 mins
apush is in 2 hours and im here… imma get a 1
Where's my last-minute cram studying gang at?!
Okay, but nobody is talking about how smoothly he reads the mystery documents. like how does he read them so well I would stutter and tumble over my words
shoutout to all the APUSH students who procrastinated to study
Watching this for APUSH during quarantine, huehue
APUSH ON THE 15TH LESS GOOOOO
I’m just here to watch it cause I’m bored
2020 CORONAVIRUS APUSH EXAM IM FREAKING OUT
I have read "bartleby". I laughed a lot! French philosopher giles deleuze dead in 1995 says that is the very essence of América. Bartleby, our brother.
shoutout to 2020 apush students who are desperately trying to learn everything bc their teacher tuned out as soon as school moved online