Chapter 5: Industrialization
Section 1: The Rise of Industry p182-187

Name____________________________

Big Idea:

Natural resources and a large labor force allowed the United States to industrialize rapidly

Objectives:

People, places and terms:

Gross national product (GNP)-

 

Laissez faire-

 

entrepreneur

 

resource

 

practice

 

Edwin Drake

 

Alexander G. Bell-

 

Thomas Alva Edison

 

Morrill Tariff


Reading Check:

1. How did oil production affect the American economy?

 

2. How did the use of electric power affect economic development?

 

3. Do you think government policies at this time helped or hindered industrialization?

 

Main Ideas:

How did the abundance of natural resourses contribute to the economic growth in the United States in the late 1800s?

 

 

invention effects

telephone

 

 

lightbulb

 

 
automatic loom