What role does the Erie Canal play in the growth of New York City as the center of the US economy?
Financing of the Erie Canal’s construction allowed the city to eclipse Philadelphia as the country’s most important banking center. The Erie Canal also provided an economic boost to the entire United States by allowing the transport of goods at one-tenth the previous cost in less than half the previous time.
Why is the Erie Canal important?
The Erie Canal opened the Midwest to settlement. By providing a direct water route to the Midwest, the canal triggered large-scale emigration to the sparsely populated frontiers of western New York, Ohio, Indiana, Michigan and Illinois.
What was the impact of the Erie Canal?
The Erie Canal ensured the status of New York City as America’s premiere seaport, commercial center, and gateway to the interior – eclipsing New Orleans, Philadelphia, Boston, and Baltimore. It helped New York become the “Empire State” – the leader in population, industry, and economic strength.
How did the Erie Canal influence the growth of American agriculture?
Explanation: The development of the Erie channel affected the America both politically and economically and it leads to further industrialization and decreases the cost of the transporting goods after the opening of this channel the new York became the fastest growing city and its viewed as revolutionary.
What advantages did railroads have over canals?
Cards
| Term Industrialization in the early 19th century led to all of the following except: | Definition greater self-sufficiency |
|---|---|
| Term What advantages did canals have over railroads? | Definition it was cheaper |
| Term This man founded the Mormon religion and was killed by a anti-mormon mob in 1844? | Definition Joseph Smith |
What were the positive effects of the Erie Canal choose three?
The Erie Canal had many positive effects. It opened up trade in the Midwest, as farmers now had a cheaper way to get their goods to markets. The canal put many people to work, most notably Irish immigrants. It also gave Albany and Buffalo an economic boost.
What was one major effect of the opening of the Erie Canal?
The effect of the canal was immediate and dramatic. Settlers poured into western New York, Ohio, Michigan, Illinois and Wisconsin. Goods were transported at one-tenth the previous fee in less than half the time. Barges of farm produce and raw materials traveled east, as manufactured goods and supplies flowed west.