Industrial Revolution in teh United States
Early European factors that led to the birth of industry were:
the Crusades monasteries early capitalism
Early American industry was given a boost by:
the Embargo Act new production methods war transportation and communication improvements new power sources
The merging of several businesses into one is called a(n)
Consolidation
The main investors in the early industry of the United States were New England
Businessmen
Fulton
Clermont
The United States' first national road was called the _____ Road.
Cumberland
The European nation taking the lead in industry was:
England
Stockholders chose directors and enforced company policies.
False
The exclusive control of a product by a business is called a(n) _____________ of that product.
Monopoly
Howe
Sewing Machine
Whitney
Standardized Parts
Bell
Telephone
Ford
assembly-line production
Name five sources of power available to industry by the early 1900s.
water steam coal oil electricity electric
The world-wide change from manual labor to machines was called the ________Revolution.
Industrial
At the time of the Civil War, the Northern economy was ___________, but the Southern economy was largely___________ .
Industrial Agricultural
Cooper
Tom Thumb
Field
Transatlantic Cable
Factories were first powered by water and later by steam.
True
Ford's assembly-line production greatly reduced cost per unit.
True
Major goals of corporations were to eliminate competition and to increase profits.
True
The system of standardized parts made possible the replacing of broken or worn parts instead of replacing the whole product.
True
Corporations found success in using:
modern machinery superior production methods disciplined organization and management
Measures controlling the practices of corporations included:
the Federal Trade Commission the antitrust laws the Clayton Antitrust Act labor laws