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Industrial 1

QuestionAnswer
Invented Telegraph/Morse Code Samuel Morse
Invented Telephone Alexander Graham Bell
Invented Light Bulb Thomas Edison
Invented Electric Streetcars Frank Spraque
Invented Airplane Wright Brothers
Improvements in ______ made large scale ____________ possible. Steel Technology; Steel Production
Entrepreneurs like __________ made a large profit my making a lot of Andrew Carnegie; Steel
__________ expanded qucikly in the __________ Railroads; Late 1800's
When _______ was discovered in __________ it became a big buisness Oil; Pennsylvania
It was called ____________ because it was so valuable "Black Gold"
_______________ made a fortune by building _________. John D. Rockefeller; Oil Refineries
A __________ is a company that has control of ____________. Monopoly; An Entire Industry
They have no competition so they can charge _______ they want for __________. Any Price; Their Products.
In a _______________ system, people are free to start their own ____________ and can decide how much to charge. Free Enterprise; Buisness
This competition benefited ___________, and successful _______________ made fortunes. Consumers; Entrepreneurs
Things found in nature people can use. Natural Resource
People who work to produce goods and services. Human Resources
Tools and Machines the companies use to produce goods and services. Capital Resources
Created by: wvolkworks
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