| A | B |
|---|
| laissezz-faire | businesses should be ran without government interference |
| Alexander Graham Bell | invented the telephone |
| tax | tariff |
| factors of production | land, labor, capital |
| entrepreneurs | people who organize and take risks for business ventures |
| C. Latham Sholes | invented the typewriter |
| standard gauge track | made moving goods by train quicker |
| capital | money, equipment, machinery, buildings |
| immigrants | people that made up a large part of the labor force |
| population | more than doubled between 1860 & 1890 |
| How did standard gauge track help move freight faster? | Freight could move from line to line without having to be unloaded from one car and reloaded to another car on another track |
| What great changes occurred in the clothing industry? | standard sizes & ready made clothes |
| How did the Westinghouse air brake help the locomotives? | The cars of the train could stop simultaneously. |
| standard time | The time in any of the 24 hour zones, each an hour apart. |
| How did the invention of the light bulb help industrial production? | made it possible to work 24 hours a day in industry |
| How did high protective tariffs help American industry? | It kept out foreign goods |
| 3 major natural resources found in the U.S. | coal, iron ore, petroleum |
