| A | B |
|---|
| natural resource | from nature- coal, iron-ore, oil, water, timber |
| business cycle | economic pattern of ups (booms) & downs (busts) |
| patent | legal right to make and invention |
| Bell | invented the telephone to speed up the pace of business |
| Edison | "Wizzard of Menlo Park" over 1,000 patents inc. generator, power plant, light bulb |
| Sholes | improved typewriter to increase speed of business communication |
| Field | invented transatlantic cable |
| Singer | improved the sewing machine to create garment industry |
| Matzlinger | invented automatic shoe machine |
| Woods | African American inventor who improved the telephone, and telegraph between rr cars |
| investment capital | money used by companies to expand |
| Eastman | inventor of the portable camera |
| transcontinental railroad | railroad that crosses the continent |
| Union Pacific | Built from Omaha to Promontory, used Irish immigrants |
| Central Pacific | built from Sacramento CA to Promontory Py. Hired Chinese immigrants |
| Promontory Point, Utah | meeting place for the 1st transcontinental rr |
| solar time | local communities tell time based on the sun |
| standard time | national way of telling time for benefit of rr travel |
| pool | rr companies agree to raise prices in a given area |
| rebate | discounts given to those with large amounts to ship |
| Pacific Railways Act | 1862 law that authorized the building of the transcontinental railroad. Promised $ and land. |
| network | railroads that are connected across the country |
| rate war | rr companies slash prices to compete for business |
| standard gage | railroad tracks made of the same size |
| Howe | first inventor of the sewing machine |
| Cornelius Vanderbilt | owner of NY Central Railroad |
