unit:5 Economic Growth Flashcards
cotton gin
revolutionized cotton production by rapidly separating seeds from cotton fibers, making cotton cultivation and processing far more efficient and profitable, and inadvertently solidifying the institution of slavery in the South.
Interchangeable Parts
components manufactured to precise standards, allowing them to be substituted for one another in a manufacturing process, facilitating mass production and efficient repairs.
Free Enterprise
an economic system where businesses operate with minimal government intervention, allowing for competition, profit-seeking, and private ownership of resources, with the goal of maximizing economic efficiency and consumer choice.
Factory system
concentrating production in large facilities using machinery and a workforce, leading to mass production and urbanization.
Canals
canals played a crucial role in the Canal Era (roughly 1790-1855), facilitating westward expansion and economic growth by providing efficient and cost-effective transportation of goods and people.
Steamboat & Railroads
alleviated the cost and time of the journey, produced growth in manufacturing, encouraged western settlement, and led to increased foreign trade.
Unbanization
Urbanization in world history refers to the increasing concentration of people and economic activities in urban areas, leading to the growth of cities and towns, and a shift from rural to urban living.
Immigration, Nativism
a political policy favoring the interests of native-born or indigenous people over those of immigrants, often leading to anti-immigration sentiments and policies.
Industral revloution causes
the rise of capitalism, the Agricultural Revolution, technological innovations, and the expansion of European imperialism.
Farm inventions
The Plow
Irrigation
The Seed Drill
The Threshing Machine
The Cotton Gin
The Mechanical Reaper
The Self-Polishing Steel Plow
Modern Innovations
Steam Engine
Tractor
Combine Harvester
Milking Machines
Precision Farming Techniques
Genetically Modified Crops
Vertical Farming
Precision Irrigation Systems
Missouri Compromise
allowed Missouri to become a slave state while Maine became a free state.
Telegraph
emerged in the 19th century, with Samuel Morse and Alfred Vail’s work in the US, and William Fothergill Cooke and Charles Wheatstone in England, all contributing to its development and the development of Morse code.
