Industrialization Flashcards
The Bessemer process
Process which takes iron Ore and removes the impurities in order to create steel
The best invention
Was steel
The first use of electricity
Was the telegraph wire used for communication on railways
Alexander Graham Bell invented the telephone when
In 1876
Thomas Edison Produced the 1st effective lightbulb when
In 1879
ELisa howe invented
Sewing machine 1846
Elisha otis
Invented passenger elevator 1852
Christopher Sholes
Invented typewriter 1867
Orville and Wilbur wright
Invented airplane 1903
Growth of railroads
Most important transcontinental railroad connected eastern & western
Development of national market is
A market in any place where there is a demand for a good
A corporation is a
Company characterized by a state and recognize legally as a separate “person”
Stocks
Where people can buy partial shares of company in order of the company to minimize risk allows companies to raise large sums of money
