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
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