1. A Technological Revolution

2. Patent Licenses that give an inventor the exclusive rights to make, use, or sell an invention for a set period of time

3. How did the system of patents encourage innovation and investment By giving inventors and investors

4. How did inventions such as the light bulb and the telegraph change daily life in the late 1800s? Extended usable hours of the day

5. Productivity The amount of goods and services created in a given period of time

6. Why did the nation’s industrial productivity rise in the late 1800s? Due to new technology,

7. Edwin L. Drake Began drilling for oil in Western PA using a steam powered drill

8. 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

9. Transcontinental Railroad A railway extending from the east coast to the west coast

10. What were the advantages of building the transcontinental railroad? Reduced cost and increased efficiency of transportation

11. Problems with trains Their size sometimes scared people

12. Bessemer Process Made it easier and cheaper to

13. What innovations did the Bessemer Process encourage? Mass production of steel

14. Mass Production Production in great amounts