140 likes | 266 Views
A Technological Revolution. Patent. Licenses that give an inventor the exclusive rights to make, use, or sell an invention for a set period of time. How did the system of patents encourage innovation and investment. By giving inventors and investors.
E N D
Patent • Licenses that give an inventor the exclusive rights to make, use, or sell an invention for a set period of time
How did the system of patents encourage innovation and investment • By giving inventors and investors
How did inventions such as the light bulb and the telegraph change daily life in the late 1800s? • Extended usable hours of the day
Productivity • The amount of goods and services created in a given period of time
Why did the nation’s industrial productivity rise in the late 1800s? • Due to new technology,
Edwin L. Drake • Began drilling for oil in Western PA using a steam powered drill
Why did the oil business change after Drake found oil in PA? • Using Drake’s method, it was less expensive, less time consuming, and easier to obtain large amounts of oil
Transcontinental Railroad • A railway extending from the east coast to the west coast
What were the advantages of building the transcontinental railroad? • Reduced cost and increased efficiency of transportation
Problems with trains • Their size sometimes scared people
Bessemer Process • Made it easier and cheaper to
What innovations did the Bessemer Process encourage? • Mass production of steel
Mass Production • Production in great amounts