![]() (pages 308–309) Objective: Identify the effects of expanding population on industry. By the early 1900s, the United States had become the world’s leading industrial nation. With the end of the Civil War, American industry expanded and millions of people left their farms to work in mines and factories. Objective: Identify the effects of expanding population on industry. Section Theme Economic Factors The free enterprise system nurtured the growth of American industry. Explain the effects of technological innovations such as the telephone and telegraph on American development. Identify the effects of expanding population on industry. Getting to CaliforniaĢ Chapter Objectives Section 1: Rise of Industry Edwin Drake – drilled the first oil well in Pennsylvania in 1859 laissze-faire – “let people do as they choose” entrepreneurs – people who risk their own capital (money) in organizing and running a business tariff – a tax on imported goods meant to encourage people to buy products produced in their own nation Alexander Graham Bell – invented the telephone (1874) and created the Bell Telephone Company in 1877 (now known as AT&T) Thomas Edison – invented and improved on many products including the phonograph, lightbulb, battery, mimeograph, electric generator and motion picture. Gross national product (GNP) – the total value of all goods and service produced by a country in a given year.
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