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