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Exam Solution Manual for Industrial Revolution- Latest Update 2025 (Graded A+)

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Voorbeeld 2 van de 6 pagina's

Exam Solution Manual for Industrial Revolution- Latest Update 2025 (Graded A+) How did the Industrial Revolution transform Americans lives? - Answers New inventions changed the way they worked, traveled, communicated, and played. Why did industry grow so rapidly after the Civil War? - Answers The nation expanded westward with vast deposit of coal, iron, lead, and copper. The many forest of the Pacific Northwest provided lumber for building. The government want growth so they gave generous land grants and subsides. Tariffs helped a s well. Tariffs - Answers A tax on imported goods What did steel replace as the basic building material to make buildings in cities? - Answers Iron What was the steel making capitol? - Answers Pittsburg What is black gold? - Answers Oil What is the Bessemer Process? - Answers Process to make stronger steel at a low cost. Why was the railroad useful? - Answers Carried people and supplies to the West and raw materials to the east. Patent - Answers A document giving someone the sole right to make and sell an invention. Why was Thomas Edison so important? - Answers Set up a research factory that helped invent a lot of things including the light bulb, the phonograph, and mooting picture camera. He opened the first electric power plant in NY. Electricity replaced steam engines. Alexander Grahm Bell - Answers Invented the telephone in 1876. The patent for the telephone was the most valuable patent ever issued. Jan Matzeliger - Answers shoe making machine Why was Edison's power plant important? - Answers The eletric engine was safer than the steam engine. Henry Ford - Answers Perfected a system to mass produce cars making them available at a lower price. Assembly Line - Answers A manufacturing method in which a product is put together as it moves along a belt. Usually one person does a specific task then moves it to another person. WIlbur and Orville Wright - Answers The first to build and fly an airplane, at Kitty Hawk, North Carolina, December 7, 1903. Why did the cost of automobiles decrease? - Answers Henry Ford perfected the assembly line make it easier and cheaper to make the cars. What factors were in place at the end of the Civil War that helped create a surge in industrial growth? - Answers New inventions, expansion west (raw materials and more land to develop), expansion of the railroad. What effect did the discovery of the new energy sources have on the Industrial Revolution? - Answers Cleaner and faster way to generate power to light houses, power street cars. The new inventions would have been worthless without a reliable source of energy. What inventions revolutionized American life in the late 1800's. - Answers Light bulb, telephone, shoe-making machine, lightweight camera, air plane. What impact did Ford's assembly line have on changing American lifestyles? - Answers ... Did the New Industrial Revolution affect all Americans the same? - Answers No, many owners earned huge profits while there employees had hard working conditions and low pay. However, it is the owner that took all the risk or years of education to get to that point. Entrepreneur - Answers A person who starts up and takes on the risk of a business or the profits of a business. Corporation - Answers A business owned by stockholders who share in its profits but are not personally responsible for all its debts. They limit the risk of investors. What helped American industry grow faster during this time in history than any other time before? - Answers Banks, they lent huge amounts of capitol to corporations. How did corporations raise capitol? - Answers From Banks Who was the most powerful banker at the time and how did he become so powerful? - Answers J.P. Morgan, he gained control of key industries (railroad and steel). He would buy up the stock in companies in trouble and ran them in a way that eliminated the competition to increase profit. Describe how new business methods helped American industry grow. - Answers Entrepreneurs, monopolies, trust, corporations, banks lending huge amount of money, all helped contribute to the industry boom at this time. Monopoly - Answers A market in which there are many buyers but only one seller. Andrew Carnegie - Answers A business man that increased his power by gaining control of the many different businesses that make up all phases of steel production development. His company was Carnegie Steel Company and produced more steel than all the factories in England by the end of the 1800's. He believed the rich had a duty to improve society and set up many charities to do that. John D. Rockefeller - Answers Also started as a poor man. At 23 he began to build his empire as he was a great entrepreneur yet he could be ruthless as well crushing competition. He ended oil competition by forming the Standard Oil Trust. Trust - Answers A group of corporations run by a single board of directors Who were the leader of big business and how did they get to the top. - Answers Carnegie- sl

Voorbeeld van de inhoud

Exam Solution Manual for Industrial Revolution- Latest Update 2025 (Graded A+)

How did the Industrial Revolution transform Americans lives? - Answers New inventions changed the
way they worked, traveled, communicated, and played.

Why did industry grow so rapidly after the Civil War? - Answers The nation expanded westward with
vast deposit of coal, iron, lead, and copper. The many forest of the Pacific Northwest provided lumber
for building. The government want growth so they gave generous land grants and subsides. Tariffs
helped a s well.

Tariffs - Answers A tax on imported goods

What did steel replace as the basic building material to make buildings in cities? - Answers Iron

What was the steel making capitol? - Answers Pittsburg

What is black gold? - Answers Oil

What is the Bessemer Process? - Answers Process to make stronger steel at a low cost.

Why was the railroad useful? - Answers Carried people and supplies to the West and raw materials to
the east.

Patent - Answers A document giving someone the sole right to make and sell an invention.

Why was Thomas Edison so important? - Answers Set up a research factory that helped invent a lot of
things including the light bulb, the phonograph, and mooting picture camera. He opened the first
electric power plant in NY. Electricity replaced steam engines.

Alexander Grahm Bell - Answers Invented the telephone in 1876. The patent for the telephone was the
most valuable patent ever issued.

Jan Matzeliger - Answers shoe making machine

Why was Edison's power plant important? - Answers The eletric engine was safer than the steam engine.

Henry Ford - Answers Perfected a system to mass produce cars making them available at a lower price.

Assembly Line - Answers A manufacturing method in which a product is put together as it moves along a
belt. Usually one person does a specific task then moves it to another person.

WIlbur and Orville Wright - Answers The first to build and fly an airplane, at Kitty Hawk, North Carolina,
December 7, 1903.

Why did the cost of automobiles decrease? - Answers Henry Ford perfected the assembly line make it
easier and cheaper to make the cars.

, What factors were in place at the end of the Civil War that helped create a surge in industrial growth? -
Answers New inventions, expansion west (raw materials and more land to develop), expansion of the
railroad.

What effect did the discovery of the new energy sources have on the Industrial Revolution? - Answers
Cleaner and faster way to generate power to light houses, power street cars. The new inventions would
have been worthless without a reliable source of energy.

What inventions revolutionized American life in the late 1800's. - Answers Light bulb, telephone, shoe-
making machine, lightweight camera, air plane.

What impact did Ford's assembly line have on changing American lifestyles? - Answers ...

Did the New Industrial Revolution affect all Americans the same? - Answers No, many owners earned
huge profits while there employees had hard working conditions and low pay. However, it is the owner
that took all the risk or years of education to get to that point.

Entrepreneur - Answers A person who starts up and takes on the risk of a business or the profits of a
business.

Corporation - Answers A business owned by stockholders who share in its profits but are not personally
responsible for all its debts. They limit the risk of investors.

What helped American industry grow faster during this time in history than any other time before? -
Answers Banks, they lent huge amounts of capitol to corporations.

How did corporations raise capitol? - Answers From Banks

Who was the most powerful banker at the time and how did he become so powerful? - Answers J.P.
Morgan, he gained control of key industries (railroad and steel). He would buy up the stock in companies
in trouble and ran them in a way that eliminated the competition to increase profit.

Describe how new business methods helped American industry grow. - Answers Entrepreneurs,
monopolies, trust, corporations, banks lending huge amount of money, all helped contribute to the
industry boom at this time.

Monopoly - Answers A market in which there are many buyers but only one seller.

Andrew Carnegie - Answers A business man that increased his power by gaining control of the many
different businesses that make up all phases of steel production development. His company was
Carnegie Steel Company and produced more steel than all the factories in England by the end of the
1800's. He believed the rich had a duty to improve society and set up many charities to do that.

John D. Rockefeller - Answers Also started as a poor man. At 23 he began to build his empire as he was a
great entrepreneur yet he could be ruthless as well crushing competition. He ended oil competition by
forming the Standard Oil Trust.

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