Question | Answer |
What are consumers and producers able to do based on free enterprise | free to make economic decisions and choices
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Define innovation | new inventions, ideas, products, & methods
| Industrialization is an economic system based on factory production. What is used along with the help from people | machines and technology
| Define urbanization | from small (rural) towns to big cities
| What is using machines in the production process | mechanization
| The industrial revolution refers to a change from ________________ to ______________ (fill in the blanks) | hand and home production to machine and factories mass producing goods
| What did the factory system do for the 1st time | brought workers and machines under one roof
| What made New England an ideal place to set up factories | water power, access to ships, oceans to transport goods, & a willing labor force
| What eventually allowed factories to be built away from the New England area | factories powered by steam engine
| What was the main goal/plan of the American System | make America more economically self-sufficient (rely on us)
| What were 2 impacts of the steam boat | travel up and down rivers & cheaper/faster shipping
| Who was the inventor of the cotton gin & what did the invention do | Eli Whitney and cleans/separates seeds from cotton more efficient
| What impact did the cotton gin have on the north | demand for cotton increased manufacturing in the north (textile mills)
| What were the 2 impacts the cotton gin had on the south | need for more land and slaves (drastic rise) & cotton farmers moved further west to grow cotton
| Who was the inventor of interchangeable parts & what are interchangeable parts | parts that look identical and easily replaced (assembly line)
| What were 2 impacts about interchangeable parts | led to mass production of goods (faster/more efficient) & growth of cities and factory system
| What is a canal & which canal had a huge impact on New York | man-made waterway/route for shipping and traveling. Erie Canal
| What was the biggest impact that the Erie Canal had on New York City | NY became the nation's largest center for trade/commerce
| How did the Erie Canal impact the western part of the United States | connected east to west, transported people and goods west, & opened development/settlement of West
| What were 2 impacts of the telegraph & who was the inventor | communications across long distances & westward expansion (increased settlement of West)
| What were 3 impacts of the steam locomotive | reduced cost of shipping, connect east to west, & opened up settlements away from rivers and ports
| What were 3 impacts of railroads | major cities became economic centers of distribution, connected east to west, & opened up development/settlement of West
| Who was the inventor of the steel plow & what was the impact of the steel plow | John Deere & increased movement of farmers to the Midwest (westward expansion)
| What were the 2 impacts of the Bessemer steel process | steel used in railroad production and farm machines & building of skyscrapers |