Industrial Revolution

Front

What is the economic system in the United States?

Back

capitalism

Front

Which inventor had over 1,000 patents to his name from work done at his Menlo Park inventions factory?

Back

Edison

Front

Which invention allowed steel to be made cheaply and more efficiently?

Back

bessemer converter

Front

The process of a company increasing production of goods or services at the same level of the value chain, in the same industry (standard oil).

Back

horizontal integration

Front

What was the immediate result of Henry Ford's use of the assembly line?

Back

mass production of cars

Front

Why was the Northeast the heart of American industry from 1860-1910?

Back

water ways and natural resources

Front

What is the highest form of business which can sells shares of stocks?

Back

corporation

Front

Abundant natural resources, improved transportation, increased immigration and money all led to the growth of .....

Back

industries

Front

How did the steel industry help the nation’s economic growth?

Back

it was better than iron for building machines and railroads

Front

Railroad companies consolidated by....

Back

buying up smaller railroads