Chapter 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?
individuals put their capital into a business in hopes of making a 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 Enterprise/Free Market System
What sets the prices of goods in a free enterprise system?
supply and demand
What is technology?
scientific discoveries that simplify work
What gives inventors legal rights to their inventions?
Patents
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?
it grew
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=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?
William Bean
Why was the Cumberland Gap important to the Wilderness Road?
allowed for a path to be created that made passing through the Appalachian Mountains easier