Chapter 11 Flashcards
Where did the Industrial Revolution begin in America?
N.E
What is capitalism?
U.S economic system
What is money used for an investment?
A capital
What is a system where people are free to buy, sell, and produce what they want
and can work where they wish?
Free enterprice system
What sets the prices of goods in a free enterprise system?
Supply and demand
What is technology?
Any thing that makes work easier
What gives inventors legal rights to their inventions?
Patents
Who invented the Cotton Gin?
Eli whittney
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?
Grew with it
What was the cause of the growth of cities and towns in the North?
Growth of factories
What is the difference between urban and rural?
Urban - city
Rural - contry
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
Who was the first permanent European settler in modern day Tennessee?
William bean
Why was the Cumberland Gap important to the Wilderness Road?
Allowed path to be made