4 Written questions
4 Multiple choice questions
- He memorized the way that the British made machines and he brought the idea to America. He made our first cotton spinning machine.
- economic system in which individuals and businesses are allowed to compete for profit with a minimum of government interference
- the practical application of science to commerce or industry to simply work
- identical components that can be used in place of one another in manufactoring and could be put together quickly
4 True/False questions
Capitalism → money for investment
Capital → economic system in which private citizens own and use the factors of production in order to generate profits.
Francis Cabot Lowell → money for investment
Cotton Gin → a document granting an inventor sole rights to an invention