| A | B |
|---|
| Gross National Product | The total value of goods and services produced by a country during a year. |
| Laissez-faire | A policy that government should interfere as little as possible in the nation's economy |
| Entrpreneur | One who organizes, manages, and assumes the risks of a business or enterprise |
| Time Zone | A geographic region in which the same standard time is kept. |
| Land Grant | A grant of land by the federal government, especially for roads, railroads or agricultural colleges. |
| Integrate | To combine two previously separate things. |
| Investor | One who puts money into a company in order to gain a future financial reward. |
| What did the 2nd Industrial Revolution bring | New Technology |
| By the late 1800s the U.S. led the World as | An Industrial Nation |
| Abundant Natural Resources that the U.S. had were | Timber, Coal, Iron, Copper, Natural Gas & Oil |
| Raw materials were easily shipped by the | Railroads |
| Petroleum/Oil was a high demand item since it could be made into this fuel | Kerosene |
| The U.S. workforce ________in size by 1910 | Tripled |
| What 2 sources led to the increase in the U.S. population | Large families: better living meant higher mortality rates Immigrants from Europe and China |
| Thomas Edison invented the ______________in 1879 | Electric generator, Light bulb, battery and motion pictures |
| Alexander Graham Bell invented the ________________in 1876 | Telephone |
| George Westinghouse the founder of Westinghouse Electric invented the | Air Brake for Locomotives and developed AC Alternating Currents |
| The automatic dishwasher was invented by: | Josephine Cochrane |
| An economic system with little to no government involvement was called | Free Enterprise |
| U.S. practiced a mixture of Laissez-faire and free enterprise which meant that | Businesses had low taxes, private investment was promoted and the government built the transportation network |
| by 1865, there was about __________miles of railroad track | 35,000 |
| Pacific Railway Act created a ___________in the railroad industry | BOOM |
| What 2 Corporations were given exclusive rights to build a transcontinental railroad | Union Pacific and Central Pacific |
| This railroad went westward from Omaha, Nebraska | Union Pacific |
| This railroad began in Sacramento, California and built eastward | Central Pacific |
| Irish immigrants, frustrated miners, farmers, cooks, adventurers and ex-convicts worked for this rail company | Union Pacific |
| Chinese immigrants and Mexican immigrants worked for this rail company | Central Pacific |
| Equipment and supplies needed to build the railroad track from the West had to be shipped by | Boat around South America and along the West coast |
| The Transcontinental Railroad was completed in ________years | 4 |
| 1 Miles of track = | 400 rails |
| 1 rail of track had | 10 spikes |
| The Central and Pacific lines joined together on May 10, 1869 at | Promontory Summit, Utah |
| The Final rail of track has | 5 gold and 5 silver spikes |
| Growth in Industry, the economy and transportation were all influenced by the growth of the | Railroads |
| What new industry developed due to railroads in the South | Florida tourism |
| The American Railway Association divided the country into ______Time Zones | 4 |
| To build railroads required huge amounts of | Money |
| The Federal Government became involved in the Railroad industry by: | Giving Land Grants to railroad companies |
| What two men became wealthy from Government land grants | Cornelius Vanderbilt and Jay Gould |
| What illegal practices became common during this time | Bribing officials and swindling investors. |
