Forging The National Economy Flashcards
Nativists
Feared the new immigrants and their religion (Roman Catholicism)
Samuel Slater
A British mechanic who was known as the father of the factory system
Robert Fulton
Changed the canals to two way arteries to make it easier for steamboat transportation
Industrialization
The start of industry in the world. Came to America late, started in Britain. Strongest in the North
Limited Liability
A business can fail without a person losing all their money. It made business ventures less of a risk
Cotton gin
Invented by Eli Whitney and was used to separate the seeds from the cotton
Boston Associates
One of the earliest and most powerful joint-capital ventures
Turnpike
Expressway where a toll is charged
Factory
Establishment for the manufacturing of goods
Trademark
Distinguishing symbol made by the manufacturer
Ecological imperialism
Aggressive trapping and trading of animals and furs