Andrew Carnegie and the Rise of Big Business Quiz | Two Week Quiz A

Harold C. Livesay
This set of Lesson Plans consists of approximately 144 pages of tests, essay questions, lessons, and other teaching materials.

Andrew Carnegie and the Rise of Big Business Quiz | Two Week Quiz A

Harold C. Livesay
This set of Lesson Plans consists of approximately 144 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Andrew Carnegie and the Rise of Big Business Lesson Plans
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This quiz consists of 5 multiple choice and 5 short answer questions through The Master Builder: A Structure of Steel.

Multiple Choice Questions

1. Will is unable to catch on to new opportunities and reverts back to weaving and selling his wares on the street, which does what?
(a) Provides a significant income for his family.
(b) Destroys his self-confidence and shames his family.
(c) Builds his self-confidence and brings pride to his family.
(d) Brings him more work than when he had his factory job.

2. Scott and Thomson like the Woodruff Sleeping Car Company that owns patents in 1858 but lacks what?
(a) Financial backing.
(b) Understanding of this business.
(c) The courage and business sense to develop them.
(d) Intelligence.

3. Carnegie and his triumvirate get a franchise from Pennsylvania Railroad with the benefits of existing poles and franchising from Trenton through to what?
(a) The Illinois state line.
(b) The Ohio state line.
(c) The Missouri state line.
(d) The Indiana state line.

4. Business transactions at the time take place over what type of communication?
(a) Internet.
(b) Telegraphic.
(c) Letter.
(d) Telephone.

5. What demand adequate cash flow and net income for operating expenses and a dividend sufficient to maintain and attract capital to grow?
(a) Organizational skills.
(b) Railroad technology skills.
(c) Railroad management skills.
(d) Sales skills.

Short Answer Questions

1. It is _______________ private business firm in the world and is called "the standard railroad of the world."

2. Success is due to the first president, ________________, and the superintendent of the western division, Tom Scott, who brings Andrew Carnegie into the modern system of train control.

3. He follows a policy of putting all his eggs in the same basket and doing what?

4. In following years Carnegie gets at least ___________ for a net investment of $217.50 until 1870 when he sells out.

5. Scott sends Carnegie off to where as a bond salesman with good wishes, a bag of bonds and letters of reference for the St. Louis Bridge Company?

(see the answer key)

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