Natural Resources Capital (gold, silver and banking) US Government support Desire: Creative inventors and industrialists Transportation System Labor force.
M A R C U S. McGraw-Hill/Irwin © 2005 The McGraw-Hill Companies, Inc., All Rights Reserved. 7-2 7 INNOVATION AND ENTREPRENEURSHIP.
Life in the 1860s No indoor electric lights No refrigeration No indoor plumbing Kerosene or wood to heat Wood stoves to cook with Horse and buggy In 1860,
1. Growth of Industrialization----1865 to 1900 Why? Factors in place Railroad industry Distribution System Symbol of growth Government assists industry.
Objectives SWBAT: describe the impact of new technology on industry, transportation, and communication.
Economics ch.1 What is Economics: 1.)It is the way people make their living. 2.) The Study of the Human effort to satisfy unlimited wants and needs.
Warm Up Describe these images.. Unit 5: The Gilded Age and the Progressive Era (1870-1920)
Lim Sei Kee @ cK. 1. What is a business? 2. What are the differences between goods and services? 3. Provide at least five examples of goods & services.
DIP 14/02 – Introduction to Small Business Management Lim Sei Kee @ cK.
Introduction to Economics. What Is It? Economics – the study of how people try to satisfy what appear to be unlimited and competing wants through the.
WELCOME TO CIA 4U ECONOMICS Mrs. Ross Period 3B/C Room 215.
Economics ch.1
