"The cotton of the South is transported to the factories of New England by Northern ships, where it is converted into cloth, much of which is sent back to the South or to the West to clothe the families of those who till the soil. In this manner, the different sections of our Union are bound together by the strong ties of mutual interest and dependence."
— New England industrial report, 1836
Which of the following historical processes from 1800 to 1848 best explains the economic relationship described in the excerpt?
- The growth of a national market economy that fostered regional specialization and interdependence.Answer
- BThe preservation of local household self-sufficiency, which insulated families from regional trade networks.
- CThe development of independent regional economies that operated in complete isolation from one another.
- DThe decline of industrial factory production in New England in favor of household-based textile weaving.
Answer
The growth of a national market economy that fostered regional specialization and interdependence.
The correct answer is correct because the excerpt describes how Southern cotton, Northern shipping, and New England factories were linked in a mutually dependent commercial relationship. This illustrates the growth of a national market economy characterized by regional specialization and integration.
Step-by-Step Solution
Key Concept
The Market Revolution connected regional economies (North, West, South) through trade, transportation networks, and industrial specialization, shifting the nation away from local subsistence farming.