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CH.4 Vocab

chapter 4 vocab

QuestionAnswer
entrepreneur person who invests money on a product or business with the goal of making a profit
protective tariff tax on imported goods making the price high enough to protect domestic goods from foreign competition
laissez faire lenient, as in the absence of government control over private business
patent official rights granted to an inventor by the government, for sole possession, and distribution, and also manufacturing rights
Thomas Edison inventor who established a research laboratory at Menlo Park, New Jersey
Bessemer process a process of producing steel, in which impurities are removed by forcing a blast of air through molten iron
Suspension Bridge a bridge having a deck suspended from cables anchored at their extremities and usually raised on towers
Created by: gsustos
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