AP US History Chapter 24 Dickinson/ Page 1 Name/Date/Period: Industry Comes of Age, 1865—1900 1.Leland Stanford - Collis P. Huntington 16. trust Central Pacific Railroad 17. interlocking directorate 2.Samuel Gompers American Federation of Labor 18. land grant 19. capital goods 3.James J. Hill 20. plutocracy 4.Cornelius Vanderbilt 21. injunction 5.Jay Gould 22. Union Pacific Railroad 6. Alexander Graham Bell - Telephone 23. Grange 7. Thomas Edison 24. Wabash case 8.Andrew Carnegie - United States Steel 25. Bessemer process 9.John D. Rockefeller -Standard Oil Company 26. National Labor Union 10. J. Pierpont Morgan 27. Terence V. Powderly- Knights of Labor 11. stock watering 28. John P. Altgeld- Haymarket riot 12. pool 29.William Graham Sumner - Social Darwinism 13. rebate 30. yellow dog contract 14. vertical integration 31.Russell Conwell - gospel of wealth 15 .horizontal integration AP US History Chapter 24 Dickinson/ Page 2 Name/Date/Period: Industry Comes of Age, 1865—1900 32.Charles Dana Gibson 34. Anarchist 33.Henry Grady- New South 1.Compare the impact of the new industrialization on the North and the South. Why was the “New South” more a slogan than a reality? 2. What was the impact of the transcontinental rail system on the American economy and society in the late nineteenth century? 3. Identify the abuses in the railroad industry and discuss how these led to the first efforts at industrial regulation by the federal government. How effective were these efforts? 4.Discuss the growing class conflict caused by industrial growth and combination, and the early efforts to alleviate it. Was the growing class division of the time a threat to American democracy? Why or why not? 5.What was the effect of the new industrial revolution on American laborers, and how did various labor organizations attempt to respond to the new conditions? Why were business and the middle-class public generally hostile to allowing workers to organize as industry did? Why did the AF of L survive while the Knights of Labor failed? 6. Describe the benefits and drawbacks of industrialization for various groups (business, labor, women, minorities, immigrants). 7. Using Edison as a symbol of the emerging technological and industrial age, show how his inventions were quickly taken up and incorporated into huge new industries. 8. Use the Haymarket affair to illustrate the growing class conflicts in industrial America and to highlight the debates over how American workers should respond to the new industrial conditions. 9.How did the huge industrial trusts develop in industries such as steel and oil, and what was their effect on the economy? 10.William Graham Sumner said that the wealth and luxury enjoyed by millionaires was justifiable as a “good bargain for society.” Based on the industrialists’ role in the late 1800s, support or criticize Sumner’s assertion. 11.How did the industrial transformation after the Civil War compare with the earlier phase of American economic development? (See Chapter 14.) Why were the economic developments of 1865-1900 often seen as a threat to American democracy, whereas those of 1815-1860 were not? Required vocabulary: 1.pool 9.Third World 2.rebate 10.socialist (socialism) 3.free enterprise 11.radical 4.regulatory commission 12.lockout 5.trust 13.yellow dog contract 6.syndicate 14.cooperative 7.patrician 15.anarchist (anarchism) 8. plutocracy AP US History Chapter 24 Dickinson/ Page 3 Industry Comes of Age, 1865—1900 Name/Date/Period: