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This quiz consists of 5 multiple choice and 5 short answer questions through Triumph and Tragedy.

Multiple Choice Questions

1. The size and complexity of a railroad business requires creation of bureaucratic organization, structure, and what else?
(a) Policy to fit the needs.
(b) Benefits for workers.
(c) A hiring process.
(d) A union.

2. 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) Sales skills.
(d) Railroad management skills.

3. The start of ET construction coincides with what?
(a) Black Friday of 1873.
(b) The Panic of 1873.
(c) The Crash of 1873.
(d) The Great Depression of 1873.

4. Except for Tom, the youngest who is in school, Will and Margaret go to work by weaving and shoe-binding, and Andrew as what in a textile mill?
(a) An errand boy.
(b) A bobbin boy.
(c) A shoe-binder.
(d) A weaver.

5. What railroad focuses capital investments that either increase revenue or reduce unit cost to justify them?
(a) BNSF.
(b) Pennsylvania.
(c) Union Pacific.
(d) CSX.

Short Answer Questions

1. Carnegie works ___________ years at the Pennsylvania Railroad while he develops managerial skill, economic principles and personal relationships to become a successful manager, capitalist and entrepreneur.

2. Captain Bill Jones claims success in managing labor by doing what?

3. The Carnegies stay in their homeland as long as they can until conditions become intolerable in what town?

4. 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.

5. Thirteen year-old Andrew sees his father fail while admiring whose determination to rise above it?

(see the answer key)

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