Industrial Revolution & Immigration (Daily Review)

Front

Why did the 2nd Industrial Revolution begin in the United States?

Back

The 2nd Industrial Revolution began in the United States due to abundant resources, a growing labor force, and technological advancements.

Front

How did tariffs help the American economy during the 2nd Industrial Revolution?

Back

Tariffs helped the American economy by protecting U.S. industries from business competition.

Front

Tariff

Back

A tariff is a tax on imports or exports.

Front

What does it mean to import goods into the United States?

Back

To bring products from another country into the U.S. for sale or distribution.

Front

What does it mean to export a good?

Back

Sending a product from one country to another to be sold there.

Front

How did the lack of federal taxes and regulations on businesses contribute to the beginning of the Industrial Revolution in the United States?

Back

Businesses were able to grow rapidly because they had fewer restrictions and lower costs, allowing for greater profits and expansion.

Front

What industry did JP Morgan work in?

Back

Finance and banking

Front

What industry did Andrew Carnegie work in?

Back

Steel industry

Front

What industry did John D. Rockefeller work in?
Options: Oil industry, Textile industry, Automobile industry, Pharmaceutical industry

Back

Oil industry

Front

What industry did Cornelius Vanderbilt work in?

Back

Shipping and Railroad Industries