Chapter 11 Growth And Expansion Flashcards

1
Q

What is capitalism?

A

Individuals put their capital into a business in hopes of making a profit

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2
Q

What is money used for an investment?

A

Capital

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3
Q

What is a system where people are free to buy,sell,and produce what they want and work where they wish?

A

Free Enterprise/Free Market

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4
Q

What sets the prices of goods in a free enterprise system?

A

Supply and Demand

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5
Q

What is technology?

A

Scientific discoveries that simplify work

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6
Q

What gives inventors legal rights to their inventions?

A

Patents

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7
Q

Who invented the Cotton Gin?

A

Eli Whitney

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8
Q

Who opened the first textile mill in the US?

A

Samuel Slater

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9
Q

What happened to demand for cotton as a result of textile mill growth in New England?

A

Demand for cotton grew

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10
Q

What was the cause of the growth of cities and towns in the North?

A

The growth of factories

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11
Q

What is the difference between urban and rural?

A

Urban is city and Rural is country

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12
Q

What were the three things necessary for Western Expansion in the United States?

A

~Roads
~Steamboats
~Canals

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13
Q

Who led a failed expedition into Kentucky,but wrote journal writings that would help explorers settle there?

A

Dr.Thomas

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14
Q

Who was the first permanent European settler in modern day Tennessee?

A

William Bean

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15
Q

Why was the Cumberland Gap important to the Wilderness Road?

A

Allowed for a path to be created that made passing the Appalachian Mountains easier

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16
Q

What was the importance of the Wilderness Road to the development of Tennessee?

A

Aided the early exploration of Tennessee because it made passing through the mountains easier and opened the door for more settlement