Key Terms
The making of products by machinery.
What is manufacturing?
Invested in the first sewing machine.
Who is Elias Howe?
An American inventor best known for inventing the light bulb.
Who is Thomas Edison?
Used to buy factories, land and supplies.
What is captial?
African American slaves made up more than half of the population of these two states.
What are South Carolina and Mississippi?
Wealth that is invested to produce goods and make money.
What is capital?
An industrialist who made his fortune in the steel industry.
Who is Andrew Carnegie?
An American industrialist who made the car industry better by inventing the Model T.
Who is Henry Ford?
A written grant by a country's legislative power.
What is a charter?
He plotted to take over the city of Charleston in a rebellion.
Who is Denmark Vesey?
A work stoppage.
What is a strike?
A powerful banker who helped shape the American financial system
Who is JP Morgan?
An investor and engineer known for designing the first successful steam powered boat.
Who is Robert Fulton?
A law that determines cost of product based on a surplus or shortage and its desirability in the open market.
What is the law of supply and demand?
US troops stopped this revolt and Vesey and this many slaves were hanged.
What is 35?
An economic system with private or corporate ownership of capital goods.
What is the free enterprise system?
An investor who helped bring the first textile mill to the United States.
Who is Sam Slater?
An inventor and artist who invented the telegraph
Who is Samuel Morse?
Four staple crops that were grown in the South.
What are cotton, tobacco, rice and sugar?
Led a rebellion in Virginia where 57 whites were killed.
Who is Nat Turner?
An organization of workers formed to protect their interests, usually by negotiations.
What are labor unions?
An American business tycoon who made his fortune in the oil industry.
Who is John D Rockefller?
Best known for inventing the telephone.
Who is Alexander G. Bell?
Number of people living within a specific area
What is population density?
These and other raids caused this.
What is the tightening of restrictions on slaves?