Chapter 25- section 3 Flashcards
Who was Samuel Slater?
Samuel Slater was a British mill worker who illegally left Britain and, off of a partial design and memory, built a working spinning machine.
In what war did a British blockade block the US from trading?
The war of 1812
What did Moses Brown do?
Moses Brown opened up the first factory in the United States in Pawtucket Rhode Island
What did Francis Cobot Lowell do?
Francis Cabot of Boston and four other inventors revolutionized American textile manufacturing. They had a weaving factory in Waltham Massachusetts. They used the money from that factory to open another factory in another Massachusetts town. When he died, the town was named after him. Lots of young women went there to work
What is stock?
Rights of ownership of a business
What is a corporation?
A business owned by stockholders.
Who was William Cockerill?
A British worker who illegally smuggles designs for a spinning machine to Belgium in 1799.
