Ch 4 Triumph of Industry

which was NOT a factor for American economic growth:

• abundant natural resources

• growing population provided laborers

• free enterprise

• communism

which was NOT a factor behind American economic growth?

• government patents encouraged new inventions

• tariffs protected US manufactured goods

• laws protected property and contracts

• a permanent ban on tariffs in US trade

which was NOT a factor behind American economic growth?

• land grants encouraged railroad construction

• government regulated currency

• government regulated banking

• government regulated railroad companies from the start

America's 2nd industrial Revolution included all EXCEPT:

• spread of railways

• Bessemer process

  telegraph, telephone, transatlantic cable, elevator, sewing machine, lightbulf

• national market

• the spinning jenny and water frame

America's 2nd Industrial Revolution included:

• rise of corporations (limited liability; ability to raise more capital)

• contributions of entrepreneurs

• Chik-fil-a's original chicken sandwich

the spread of railroads provided

• stimulus to iron, coal, and steel industries

• cheaper transportation costs for carrying raw materials and finished goods

• stimulus to the rights of minorities

• cheaper rubber for the rail roads

the spread of railroads also

• forged a national market

• forged an international market

• started Henry Flagler's Florida East Coast Railroad

• started Thomas Edison's steam engine

Bessemer process

• removes impurities in oil and reduced cost

• removes impurities in steel and reduced cost of making steel

• you smell...very bad...just fyi

Andrew Carnegie

• oil tycoon used that Bessemer process

• railroad tycoon

• steel tycoon used that Bessemer process

• banking tycoon

telegraph (morse code: dots and dashes)

• Samuel Waldon

• Samuel L Jackson

• Samuel Adams

• Samuel Morse