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19 Cards in this Set
- Front
- Back
I. The Growth of Industry
- Americans were inventing _________ that made work easier & more efficient |
- tools
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______________: the change from an agricultural society to one based on industry
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- Industrial Revolution
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A. The Industrial Revolution in New England
1. poor _______- people willing to leave farms 2. __________ available from rivers and streams 3. good geographic location-ports |
1. soil
2. water power |
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4. ________: US economic system based on private property and free enterprise
a) encouraged ___________ b) minimum ____________ interference c) __________: money for investment |
4. Capitalism
a) competition b) government c) capital |
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5. _____________: an economic systerm in which people have freedom to buy, sell, produce and work
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5. Free Enterprise
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B. New Technology
1. __________: scientific discoveries that simplify work 2. mills were built near _________ because they used waterpower |
1. technology
2. river |
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3) 1793- ___________ invented cotton gin
4) 1790- Congress passed a _______ law a) _________: a document that gives an inventor the sole legal right to an invention & its profits for a certain period of time |
3. Eli Whitney
4. patent |
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II. New England Factories
- Great Britain wanted to keep their new technology _______ - Samuel slater (GB) __________ the design of Arkwright's machine (used for spinning cloth) and brought it to mills in the US |
- secret
- memorized |
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- ______________ marked an important step in the Industrial Revolution
- 1814 Francis Cabot Lowell launched ________system in US in which all stages of cloth making were performed in one place |
- Slater's mill
- factory |
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- Lowell girls: _______ workers
- Oliver Evans: developed mechanical _______ mill |
- Francis
- flour |
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A. Interchangeable Parts
1. developed by ____________ 2. _________ pieces that can be made in _________ quantities |
1. Eli Whitney
2. uniform large replace |
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3. allowed production of many different kinds of goods on a ________ scale
4. helped to _________ the price of goods |
3. mass
4. reduce |
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III. Agriculture Expands
- 1820: _____% of Americans were farmers - _________: small, local produce |
- 65
- Northeast |
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___________: large plantations with cotton production
- great demand because of the cotton gin invention |
-
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-___________: expanding because of southerners looking for more land for cotton
- _____________: raising pork & cash crops like wheat and corn |
- West
- Farmers North of Ohio River |
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IV. Economic Independence
- industries were financed by ________ investors hoping for a profit - 1830's many ___________ (large businesses) developed |
- small
- corporations |
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- _________: shares of ownership in a company
- 1816, Congress established ______________ of the United States: had power to make large loans to businesses |
- stocks
- second bank |
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A. Cities Come of Age
1. cities grew along _________ 2. no _________ in cities-dangers of disease-cholera, yellow fever |
1. rivers
2. |
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3. threats of ________ in cities-few organized fire companies
4. advantages of cities: a) variety of ________ with steady wages b) many ___________ |
3.
4. a) jobs b) attractions |