Industrial Revolution

In terms of natural resources, whale blubber was useful for producing

• fuel
• plastic
• textiles
• oil

Post Civil War, much of the workforce in the United States was made up of

• immigrants
• slaves
• women
• children

Which of these economic systems encourages free enterpise?

• capitalism
• communism
• feudalism
• socialism

People who invest money in an enterprise or product to make profit

• savers
• lenders
• donors
• investors

tax placed on imported goods to encourage buying domestic

• import duty
• customs duty
• excise tax
• tariff

Laissez-Faire means

• A policy or attitude of letting things take their own course, without interfering.
• A belief in the importance of social and economic equality.
• A philosophy that emphasizes individual freedom and limited government intervention.
• A strict policy of government intervention in economic affairs.

grant from the Federal government giving an inventor the 

exclusive right to develop, use, and sell an invention for a period of time

• license
• trademark
• copyright
• patent

Inventor of the lightbulb

• Henry Ford

• Alexander Graham Bell
• Benjamin Franklin
• Thomas Edison

Inventor of the telephone

• Thomas Edison
• Nikola Tesla
• Alexander Graham Bell
• Isaac Newton

Created factory assembled automobiles

• Alexander Graham Bell
• Thomas Edison
• Henry Ford
• Elon Musk