Chapter 11 Flashcards
Where did the Industrial Revolution begin in America?
In new england
What is capitalism?
When individuals put their capital into a businiss in hopes of making profit
What is money used for an investment?
Capital
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 and demand
What is technology?
Scientific discovery that helpes make work more simple
What gives inventors legal rights to their inventions?
Patens
Who invented the Cotton Gin?
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?
The demand for cottob grew
What was the cause of the growth of cities and towns in the North?
The growth in factorys
What is the difference between urban and rural?
Urban is a city and rural is a country
What were the three things necessary for Western Expansion in the United States?
Roads, steamboats, and 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?
Willian Bean
