American economic history notes with all questions 23

Thisinnovationwasatremendouslaborsaverinterchangeable

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Unformatted text preview: the
formula.
 According
to
David
what
were
the
three
primary
sources
of
growth?


 19. Part 1 1. Technology advances – Due to scarce labor ‐ ‐ ‐ ‐ ‐ Interchangeable
parts
(in
the
firearms
industry).

Credit
Eli
Whitney
with
this
 invention.

This
innovation
was
a
tremendous
labor
saver.


Interchangeable
 parts
were
also
used
in
clocks,
sewing
machines,
locomotives,
bicycles,
 agricultural
imple...
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