WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
SECOND INDUSTRIAL REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It guaranteed an inventor sole rights to the use of his or her invention for a limited time.
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It guaranteed inventors a fee if they successfully applied and were granted a patent
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It ensured that inventors could locate manufacturers to produce their inventions
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It advertised an invention so that the inventor could sell more products faster.
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Detailed explanation-1: -The patent grant does this by providing incentives for inventors to take risks and make investments in research and development. Patents transform a claimed piece of intellectual progress into a property right, allowing the inventor to exclude others from using that invention during the term of the patent.
Detailed explanation-2: -How did the patent system encourage inventiveness? It guaranteed an inventor sole rights to the use of his or her invention for a limited time.
Detailed explanation-3: -According to proponents of patents, the primary benefit for inventors is the temporary monopoly patents give them. In other words, when someone is granted exclusive benefits for their invention, they will have more incentive to make advances in things like technology and general processes.
Detailed explanation-4: -A patent protects an invention by allowing its inventor-or the group who owns the patent-control over who may use the invention. Patent applications are adjudicated by the United States Patent and Trademark Office (USPTO) and are valid for 20 years. An assignee is a person or group who owns a patent.