Samuel Colt and the American Industrial Revolution

What was a significant challenge Samuel Colt faced during the Panic of 1837?

• Financial crisis leading to bankruptcy

• Competition from Henry Ford

• Lack of skilled labor

• Inability to secure patents

How did Samuel Colt use the story of Texas Ranger Sam Walker to his advantage?

• He used the story as a marketing tool

• He hired Walker as a factory manager

• He sold the story to a newspaper

• He ignored the story completely

What was one of the improvements made to the revolver in collaboration with Sam Walker?

• Automatic reloading feature

• Increased rounds in the cylinder

• Lighter handle

• Smaller caliber bullets

What event helped make the Walker Colt a household name?

• The War of 1812

• The Spanish-American War

• The Mexican-American War

• The American Civil War

How many firearms was Colt's factory producing per day three years after the revival?

• 50

• 150

• 200

• 100