Andrew Carnegie and the Rise of Big Business Test | Mid-Book Test - Easy

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 Test | Mid-Book Test - Easy

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 test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Managerial skill level reached over ______________ years exceeds that of the prior five centuries.
(a) Twenty-five.
(b) Thirty-five.
(c) Thirty.
(d) Forty.

2. Within _______ years of arriving in America, the Carnegies recoup their fortune through the help of their friends, relatives, and countrymen in America and earn more income that they ever received in Scotland.
(a) Six.
(b) Two.
(c) Four.
(d) Eight.

3. The Carnegies stay in their homeland as long as they can until conditions become intolerable in what town?
(a) Macon.
(b) Madrid.
(c) Dunfermline.
(d) Dublin.

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) A bobbin boy.
(b) A weaver.
(c) An errand boy.
(d) A shoe-binder.

5. He leaves his Pittsburgh home and iron business to live in what city?
(a) Los Angeles.
(b) Boston.
(c) New York City.
(d) Detroit.

6. What does Andrew dislike about the oil business that seems beyond control of management until the 1880s and Rockefeller?
(a) The fluctuation of price.
(b) The smell, messiness and waste.
(c) The destructive properties of oil.
(d) The instability of the economy.

7. With whom does Carnegie form Columbia Oil Company?
(a) Wilson Coleman.
(b) William Coleman.
(c) Willard Coleman.
(d) Wallece Coleman.

8. Andrew Carnegie becomes known as the city's best _____________.
(a) Student.
(b) Leader.
(c) Operator.
(d) Politician.

9. Carnegie presents the bonds to the Morgan investment banking house in London in March, 1869, where he sells them to Morgan at what percent?
(a) 55.
(b) 85.
(c) 65.
(d) 75.

10. 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.

11. Carnegie uses $11,000 in Woodruff dividends to buy 1,100 shares that pay $17,800 in their first year and eventually over _________ dollars.
(a) A thousand.
(b) Two hundred thousand.
(c) Two million.
(d) A million.

12. Carnegie's career begins on July 15, 1848, when he and his family, parents Will, Margaret and his brother Tom, do what?
(a) Sail from Great Britain with fellow Scottish passengers.
(b) Sail from Spain with fellow Spanish passengers.
(c) Sail from Great Britain with fellow Irish passengers.
(d) Sail from France with fellow French passengers.

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

14. Railroads link Pittsburgh to the Atlantic coast and eventually to the Pacific coast, with the _______________ the best of them all.
(a) Pennsylvania Railroad.
(b) Union Pacific.
(c) CSX Corporation.
(d) BNSF Railway Company.

15. 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 Ohio state line.
(b) The Indiana state line.
(c) The Illinois state line.
(d) The Missouri state line.

Short Answer Questions

1. Machines begin taking over production with energy from _____________ independent from windmills and waterwheels.

2. Who is Cuban Roberto Goizuetta?

3. Carnegie meets railroad's ____________ and initiates control of division operations when needed.

4. Carnegie, acting under Scott-Thomson proxies, now owns how much of Pacific and Atlantic for the start-up Keystone Telegraph?

5. Will is unable to catch on to new opportunities and reverts back to weaving and selling his wares on the street, which does what?

(see the answer keys)

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