Industrialization Ch. 4 Flashcards
1
Q
Market economy
A
Buying and selling goods
2
Q
Capitalism
A
A economic system that certain countries practice
3
Q
Innovation
A
Create something new for the better
4
Q
Second Industrial Revolution
A
New birth of economic growth
5
Q
Bessemer process
A
Making pure steal
6
Q
Telegraph
A
Used to communicate
7
Q
Alexander Graham bell
A
Developed the telephone
8
Q
Transatlantic cable
A
Cable from US to Europe through seas
9
Q
Thomas Edison
A
Develops general light bulb
10
Q
Wright Bros
A
Air planes
11
Q
Madame CJ Walker
A
Cosmetics for African American women
12
Q
Corporation
A
Group of people who own the company
13
Q
Stock
A
Little piece of the company you can invest in
14
Q
Entrepreneur
A
Person who’s going to take risks and innovate something and turn it into a success
15
Q
Andrew Carnegie
A
Steel
