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Ch. 9 Sections 1 & 2
The Rise of Industry
| Question | Answer |
|---|---|
| the total value of all goods and services prodced by a country | gross national product |
| in 1859, drilled the first oil well near titusville, pennsylvania | Edwin Drake |
| "let people do as they choose" | laissez-faire |
| people who risk their capital in organizing and running a business | entrepreneurs |
| reversed years of declining tariffs | Morrill Tariff |
| In 1876, a Scottish-American invented the telephone | Alexander Graham Bell |
| one of the most famous inventors of the late 1800's | Thomas Alva Edison |
| this act provided for the construction of a transcontinental railroad by two corporations, the Union Pacific and the Central Pacific railroad companies | Pacific Railway Act |
| a former union general, the union pacific began pushing westward from Omaha, Nebraska, in 1865 | Grenville Dodge |
| became governor of California and later served as a U.S. senator after foudning standord University in 1885 | Leland Stanford |
| a former boat captain who had built the largest steamboat fleet in america | Cornelius Vanderbilt |
| regions where the same time was kept | time zones |
| person who often practiced "insider trading" | Jay Gould |
| was a construction company set up by several stockholders of the union pacific, including Oakes Ames | Credit Mobilier |
| Built and operated teh Great Northern Railroad from St. Paul, Minnesota, to Everett, Washington, without any federal land grants or subsidies. | James J. Hill |