People
Who was credited for having good techniques to get oil?
Edwin Drake
What is Laissez-faire?
“let them do as they will”
What did the Morrill Tariff do?
It raised taxes on hundreds of imports to raise funds reward business that supported the President Lincoln.
What were the biggest contributions Thaddeus Lowe made?
Balloons and ice machine
How was the free enterprise system controlled?
supply and demand
Who resented the tariffs?
Farmers in the south and west?
What were three of Thomas Edison's inventions?
Made the phonograph, the carbon-button transmitter for phone speakers and microphones, the incandescent lamp, a generator, the first electric light and power system, an electric railroad, started the machines needed for motion pictures, the storage battery, dictaphone, mimeograph copier, and the electric motor
What are the benefits of the free enterprise?
It allows for competition and prevents monopolies so prices are reasonable.
What did people think about the tariffs?
People thought tariffs relieved American manufactures form competing with foreign companies.
What did Alexander Graham Bell invent?
Telephone, metal detector, photophone, graphophone, audiometer
Who allied with big businesses?
The Republican Party
Thaddeus Lowe