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Industrial Revolution

AB
Industrial RevolutionA series of sudden and dramatic changes that resulted in the growth of American factories, jobs, and a new kind of economy.
Information RevolutionThe revolution fueled by the development of the computer and other new technologies.
Manufacturing JobIs one where an individual works in a factory building, making, or assembling a product that is mass produced.
Service JobIs one where someone is hired to perform some given service for someone else.
Agricultural EconomyAn economy based on farming and the kind of economy the U.S. had in 1800s.
Manufacturing EconomyAn economy based on manufacturing jobs and the kind of economy the U.S. had in the 1900s.
Service EconomyAn economy in which most jobs provide services instead of producing goods.
TrustA legal body created to hold stock in many companies, often in the same industry.
TextilesClothing and the first industry to be affected by the Industrial Revolution.
EntrepreneurA person who owns their own business.
CapitalMoney used to begin or expand a business.
Thomas EdisonI am credited with the invention of the light- bulb, movie camera, and the first commercial electric station.
Andrew CarnegieOwner of America’s largest steel company in the Industrial Era and a significant philanthropist.
John D. RockefellerOwner of America’s largest oil company in the Industrial Era and a significant philanthropist.
Granville WoodsI was known as the “Black Edison,” and I contributed to the transportation and communication industries.
PhilanthropistSomeone who gives away their money to make the world a better place.
CorporationA business that is owned by investors who buy part of the company through shares of stock.
Samuel SlaterI was a New England mill owner who should have been accused of industrial espionage (spying).
RevolutionA sudden and radical change.
ImmigrantsI am one of many who came to America to take jobs in U.S. factories.
FactoriesPlaces where goods are manufactured.
Eli WhitneyI am credited with the Cotton Gin and the process of Interchangeable Parts.
MonopolyA company that eliminates its competitors and controls an industry.
Natural ResourcesThe natural wealth of a country, consisting of land, forests, mineral deposits, water.

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