1. Effects of the Cotton Gin

2. Invented by Eli Whitney

3. 1: More efficient processing of cotton bolls

4. 2: More cotton sales in England and the North

5. 3: Development of textile industry in Northeast

6. 4: More reliance on slave labor

7. 5: Increased investment in land and slaves

8. 6: Minimum investment in factories in the South

9. 7: Increased reliance for the South on imports from England or the Northeast

10. Free Enterprise

11. Enterprise noun a profit-making enterprise: business, company, firm, venture, organization, operation, concern, corporation, establishment, partnership; informal outfit, setup.

12. Free Enterprise  Voluntary exchange in an open-market  Economic freedom and economic choices  Private ownership and private property  Profit motive