US History II Study Guide for Industry Quest Terms People • Laissez

US History II
Study Guide for Industry Quest
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Terms
Laissez-faire
Trust
Holding Company
Transcontinental Railroad
Land Grants
Robber Barons
Labor Union
Craft Worker
Common Laborer
Operating Cost
Knights of Labor
The Great Railroad Strike 1877
Haymarket Riot
Pullman Strike
Lakota Native Americans
Dawes Act
Reservations
Assimilation
People
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Karl Marx
Andrew Carnegie
John D. Rockefeller
Alexander Graham Bell
Thomas Edison
Samuel Gompers
General Custer
Possible Short answer or Essay questions:
1) How do operating and fixed costs have an effect on how a business is run? (think about the
widget simulation!)
2) What is the difference between a common laborer and a craft worker during the time period
that we have been studying?
3) How did robber barons take advantage of their workers? And what made robber barons so
successful?
4) How were the Railroads changing the United States? (think about the economy, immigration,
and the Native Americans)
5) What were working conditions like for common laborers in factories?
6) What was the significance of the major labor unions and strikes that were happening during the
late 1800s? What made them so important?
7) What kinds of changes did early unions push for?