industrial capitalism Flashcards
1
Q
how did Eli Whitney increase industrialization?
A
-cotton gin (1793)
-interchangeable parts in firearms
(specialization in making small parts )
2
Q
Henry Ford increase industrialization?
A
(1913)
- assembly line to automobile production
- –conveyor system to workers
- inexpensive cars start the motor age
3
Q
reasons for rise of “big businesses”?
A
- industrial machinery and factories were big, encouraging businesses to operate on a large scale
- investment is attractive