5 Written Questions

1. Invented the spinning Jenny
2. An economic system in which the factors of production are privately owned and money is invested in business ventures to make a profit.
3. Invented first power loom
4. A deal where two or more people own a corporation and split the profits and debts.
5. Invented the first telephone/telegraph

5 Matching Questions

1. Entrepreneurs
2. Enclosure movement
3. Thomas Edison
4. Eli Whitney
5. Collective Bargaining

1. a In his life he patented more than 1,000 inventions, including the light bulb and the phonograph.
2. b Invents cotton gin
3. c A system that allowed farm owners to map out their property and put up barriers to mark it.
4. d Negotiations between workers and their employers
5. e A person who organizes, manages, and takes on the risks of a business.

5 Multiple Choice Questions

1. A building that contains all the machines needed to complete the domestic system. All of the profits are to the one factory owner and employees.
   1. Henry Bessemer
   2. Labor Unions
   3. Factory system
   4. Domestic System
2. The employees and people needed to work a corporation and a factory.
   1. Capital
   2. Labor Unions
   3. Labor
   4. Henry Ford
3. Invented the first internal combustion engine
   1. Rudolf Diesel
   2. Samuel Morse
   3. Eli Whitney
   4. Capital
4. The money needed to start a corporation or a factory.
   1. Eli Whitney
   2. Corporations
   3. Labor
   4. Capital
5. Invented morse code through telegraph.
   1. Henry Ford
   2. Partnerships
   3. Samuel Morse
   4. Labor

5 True/False Question

1. Labor Unions → The employees and people needed to work a corporation and a factory.
   

   True        False

2. Richard Arkwright → Invented the spinning wheel that used moving water to power a factory.
   

   True        False

3. Corporations → A business owned by stockholders who share the profits but are not personally responsible for its debts.
   

   True        False

4. Henry Ford → Finds cheaper and more effective way to make steel.
   

   True        False

5. Domestic System → A system of shearing a sheep giving the wool to a spinner then to a dyer and then to a store to sell the cloth. The money is split between the whole group.
   

   True        False