A Growing Econmy Flashcards
What is the change in how products were made
Industrial Revolution
What 3 ways caused a revolution in the U.S. To Britain
1-poor soil
2-many streams and rivers
3-Many ports
What removes seeds from cotton fibers
Cotton Gin
Who developed the cotton gin
Eli Whitney
Who was a British man who memorized the design of text tile machines
Samuel Slater
What cash crops did farmers grow that moved West
Corn
Wheat
Pork
When the factories started making more cotton what did they need more of
Slaves
What are identical parts that are easily replaced for a bad part
Interchangeable Parts
What gives an inventor the sole legal right to make money from invention
Patent
Who improved slaters and mills and also built the factory system
Francis Lowell
When people invested money in small businesses to make a profit of low taxes what did others do
Move west
What is a business that has many owners and sells stock in the company to expand and build factories
Cooperation
With not having any sewers what were the effects to people
They got ill and some even passed from it
What is individuals own property and decide how to use it
Capitalism
What money machines,land and other items used to create wealth
Capital
