industrial capitalism Flashcards

1
Q

how did Eli Whitney increase industrialization?

A

-cotton gin (1793)
-interchangeable parts in firearms
(specialization in making small parts )

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2
Q

Henry Ford increase industrialization?

A

(1913)

  • assembly line to automobile production
  • –conveyor system to workers
  • inexpensive cars start the motor age
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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
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