11 Flashcards
What was the change from an agrarian society to one based on industry?
Industrial Revolution
Where did the Industrial Revolution begin in America?
New England
What is capitalism
Free interprise system
What is money used for an investment?
Profit
What is a system where people are free to buy, sell, and produce what they want
and can work where they wish?
Free interprise system
What sets the prices of goods in a free enterprise system?
Supply
Demand
What is technology?
Item to simplify work
What gives inventors legal rights to their inventions?
Patent
What gives inventors legal rights to their inventions?
Eli Whitney
Who opened the first textile mill in the US?
Samuel Slater
What happened to demand for cotton as a result of textile mill growth in New
England?
Increased
What was the cause of the growth of cities and towns in the North?
Industry
What is the difference between urban and rural?
Urban- city
Rural- country
What were the three things necessary for Western Expansion in the United States?
Roads
Steamboats
Canals
Who led a failed expedition into Kentucky, but wrote journal writings that would
help future explorers settle there?
Dr. Thomas Walker
