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APUSH Midterm 5

Development 1817-1850

Era of Good Feelings 1816-1819; Period in which no political parties were clearly defined, and feeling of unity was created
Monroe Doctrine 1823; Officially closed America for colonization by European powers
Missouri Compromise 1820; Stated that there should be a balance between number of slave and free states; Missouri admitted as slave state, Maine as free state
Henry Clay "Great Compromiser;" formulated many important compromises; involved with Quincy Adams in Corrupt Bargain of 1824
Panic of 1819 First major financial crisis in U.S. caused mainly by overspeculation on frontier land
Protective Tariff Tax implemented on traded goods to encourage industry
Florida Purchase Treaty (Adams-Onis Treaty) 1819; Treaty between U.S. and Spain that ceded Florida to America
American System Economic plan that consisted of 3 parts: national bank, tariffs, and money for internal improvements
Lowell System Method of labor and production that involved factory work, mostly in textiles
Cotton Gin Invention of Eli Whitney that made it easier to separate cotton fibers and increased need for slave labor
Interchangeable Parts System where parts can exchange each other; crucial to introduction of assembly line work
Nationalism National identity which created unity within the nation; loyalty and pride in one's nation
Sectionalism Loyalty to interests of region rather than interests of nation as a whole
Created by: C0RINNE