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Industrial and Transportation Revolution: Causes & Effects

Vocabulary Definitions
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Vocabulary Definitions

Industrial Revolution- change from an agrarian society to one based on industry which began in Great Britain and spread to United States around 1800

 

Capital- money used for investment

 

Technology- the application of scientific discoveries to practical use

 

Cotton Gin- simple machine that quickly and efficiently removed cottonseeds from fiber

 

Patent- this gives inventor the sole legal right to an invention and its profits for a certain period of time

 

Factory System- system that brings manufacturing steps together in one place to increase efficiency

 

Interchangeable parts- uniform pieces that can be made in large quantities to replace other identical pieces

 

American System- The American system had three main parts: A protective tariff that would protect American businesses, a plan of internal development, and a national bank. The protective tariff would present the government with money for the construction of roads and canals. The internal development would help encourage trade. The national bank would help unite the country with one currency.

 

Canal- artificial waterway

 

Locks- separate compartments where water levels were raised or lowered

 

American System- included a protective tariff to stimulate the growth of the nation’s industries

 

Turnpikes- toll roads

Corduroy roads- this type of road consisted of logs laid side by side to accommodate muddy land

Consolidation-the practice of combining separate companies

Standard gauge- the width of the railroad track (4 feet 8.5 inches)

Rebate- discount or return of part of a payment

Pools- a group sharing in some activity