Unit 5 (Economic Growth) Flashcards
1
Q
After the War of 1812, what increased in America?
A
US manufacturing became significantly more independent, due to having to avoid British blockades.
2
Q
Industrial Revolution
A
Period of mass investment into technology and inventions.
3
Q
Free enterprise
A
An economy free from government regulation which encourages consumerism.
4
Q
Some major inventions were the:
A
Cotton gin, steel plow, interchangeable parts, railroad, and the steamboat.
5
Q
The cotton gin was significant because…
A
it increased southern output of cotton by making it far easier to process cotton. It also increased the need for slavery in order to keep up with the cotton gin’s production.
