What is the impact of free enterprise on the economy?
Free Enterprise, and Urbanization in the United States

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•
Social Studies
•
8th Grade
•
Hard
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23 questions
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1.
FLASHCARD QUESTION
Front
Back
It promotes competition, innovation, and economic growth.
2.
FLASHCARD QUESTION
Front
How does free enterprise encourage innovation and economic growth?
Back
By allowing individuals and businesses to compete in the marketplace, leading to the development of new products and services, as well as increased efficiency and productivity.
3.
FLASHCARD QUESTION
Front
Explain how free enterprise promotes competition and consumer choice.
Back
Free enterprise promotes competition and consumer choice by allowing businesses to compete with each other to attract consumers, leading to a wide variety of choices for consumers.
4.
FLASHCARD QUESTION
Front
In what ways did the Industrial Revolution lead to technological advancements?
Back
Promoting innovation and the development of new machinery and production methods
5.
FLASHCARD QUESTION
Front
What were some key innovations of the Industrial Revolution and how did they impact society?
Back
The steam engine, textile machinery, and the telegraph led to increased productivity, urbanization, and the rise of factory-based industries.
6.
FLASHCARD QUESTION
Front
How did urbanization contribute to the growth of cities in the United States?
Back
Migration of people from rural areas to cities
7.
FLASHCARD QUESTION
Front
What were the push and pull factors that led to increased immigration during the Industrial Revolution?
Back
Push factors such as poverty, political instability, and religious persecution in Europe, and pull factors such as the promise of jobs, higher wages, and the availability of land.
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