People/Places to Know
Secretary of State William Seward purchased __________ from Russia for 7.2 million $.
Alaska
The factors of production are labor, capital, and _____________.
land/natural resources.
The _______________ revolution preceded the Industrial Revolution with the development if labor saving machinery for farmers.
Standardized parts
Edwin Drake discovered and drilled for what in Pennsylvania?
OIL - first oil well!
Who invented the telegraph?
Samuel Morse
How could imperialism lead to increased conflict?
Why would a company want a monopoly on a product?
Complete control of the market/production of that good - increased profit
There were 4 MAIN causes that led to the increased tension in Europe. Can you name any of those reasons?
M - Militarism
A- Alliances
I - Imperialism
N - Nationalism
Name the countries part of the Triple Entente Alliance
Who invented the transatlantic cable and what did it do?
Linked Europe and North America through telegraph cables (under the ocean floor!!!) Cyrus W. Field invented.
John _________ proposed open and equal access to trade with ____________. This became known as the Open Door Policy
Hay, China
What were some of the benefits of corporations for the American consumer?
Lower priced goods, reliable quality, jobs
The Monroe Doctrine gave the U.S. control of what hemisphere?
Western
Commodore _______________ defeated the larger (but poorly equipped) Spanish fleet at Manila Bay. Spanish fleet 'blown out of the water'. No American deaths, no ships sunk. The Philippines were ceded to the U.S. by Spain.
Why was Fulton's steamboat important to the industrialization of the United States?
Explain the big stick policy - which president is known for it?
The idea of careful and thoughtful negotiation (speak softly), but knowing all along there is the threat of a powerful military (big stick). Theodore Roosevelt.
https://www.historyonthenet.com/authentichistory/1898-1913/4-imperialism/7-bigstick/index.html
How did unions better working conditions for employees?
pay, conditions, hours, etc.
How did Cuba gain independence?
Following the Spanish-American War - the defeat of the Spanish by the Americans and Cubans paved the way to Cuban freedom.
Where were some of the locations that the Spanish/American War took place?
Who said "come here Watson, I want you", and why is it significant?
Alexander Bell - via phone! First speech on the telephone.
The FTC (Federal Trade Commission) enforced the Clayton Antitrust Act. What was this acts purpose?
To maintain competition in the market place, limit the power of trusts/monopolies.
Explain the relationship between the supply of goods and their price due to the industrial revolution
supply went up, price went down - basic supply and demand.
Name the countries that were part of the Triple Alliance.
Formed in 1882 - Germany, Austria-Hungary, and Italy.