Innovative Boosts Growth

a person who builds and manages a business in order to make a profit

• laissez-faire

• entrepreneur

• patent

• protective tariffs

freedom of private or business to organize and operate for profit in a competitive system without interference

• free enterprise

• Entrepreneur

• protective tariffs

• Thomas Edison

a theory advocating minimal government interference with the economy

• entrepreneur

• Bessemer process

• free enterprise

• laissez-faire

taxes on imported goods making the price high enough to protect domestic goods from foreign competition

• Bessemer process

• patent

• protective tariffs

• suspension bridges

official rights given by the government

• patent

• laissez-faire

• free enterprise

• suspension bridges

American inventor who held over 1,000 patents for inventions, including the light bulb and an early movie camera

• time zones

• Thomas Edison

• Bessemer process

• Patent

a steel-making method developed in mid 19th century

• protective tariffs

• Bessemer process

• mass production

• suspension bridges

bridges that have a roadway suspended by cables

• suspension bridges

• patent

• Bessemer process

• mass production

any of the 24 longitudinal areas of the world within which the same time used

• mass production

• time zones

• entrepreneur

• patent

production of goods in large numbers through the use of machinery and assembly lines

• suspension bridges

• time zones

• mass production

• cash crop