Market Revolution

Which is NOT true of the market revolution?

• farmers turned to specialization
• people bought and sold goods instead of making them
• it was a result of industrialization
• manufactured goods were too expensive for most Americans

An economic system in which private businesses and individuals control the means of production in order to make a profit.

• communism
• capitalism 
• socialism

These people spurred the market economy by risking their own money investing in new industries. 

• Democrats
• immigrants
• farmers
• entrepreneurs

Which was NOT a new invention during market revolution?

• sewing machine
• vulcanized rubber
• steel plow
• telephone

Which is NOT true of farmers during the market revolution?

• they specialized meaning they raised one or two crops to sell for profit
• they used new machines to plant and harvest crops
• they sold crops to growing populations in cities and used cash to buy manufactured goods
• they became more self-sufficient only growing crops to feed their own families

Which is NOT true of the telegraph?

• invented by Charles Goodyear in 1839
• was used by businesses to transmit orders and relay sales information
• was used by railroad companies to keep trains moving regularly and safely
• 23,000 miles of wire crossed the country by 1854

Transportation improvements cut shipping costs and connected the regions for trade. Which was NOT a transportation improvement in the early 1800s?

• Erie Canal
• steamboats
• railroad
• automobile

Railroads moved goods faster but were more expensive to use than canal shipping.

• TRUE
• FALSE

This invention by Cyrus McCormick made it easier for farmers to harvest their crops. One farmer could do the work of five.

• mechanical reaper
• steel plow
• cotton gin
• tractor

Which is NOT an example of regional specialization and interdependence?

• The West sent grain and livestock to the East
• Southern farmers grow cotton to send to New England
• The East manufactured textiles and machinery to sell to other parts of the country
• Farmers raise a variety of crops for their own families with a goal of self-sufficiency