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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Carnegie follows the successful path of building through a depression and lack of customers by ________________.

2. At thirty, Frick is a millionaire with _______ thousand coke ovens and three thousand acres of land.

3. This approach introduces ______________ into pricing and a methodology for investment planning.

4. Carnegie forces another _____________ partners out until only Schwab survives, while bringing in "young geniuses" who prove their merit on cost sheets.

5. Along with Shinn, they put together an effective team based on Carnegie's systematic analysis of personnel to provide performance incentives that raise __________ men through ranks to share ownership.

Short Essay Questions

1. Carnegie's interest and insistence on cost-cutting leads him into more complex areas of manufacturing detail composition and chemistry. Give an example of this.

2. Who is Homestead? How does Carnegie deal with Homestead?

3. What causes the 1893 depression? What does Carnegie do at this time?

4. How is Rockefeller involved in Carnegie's business?

5. What does Schwab do for the business?

6. Describe American steel companies between 1870 and 1900.

7. Describe the deficiency that Carnegie corrected by integrating Keystone Bridge and Union Iron?

8. What happens when Carnegie goes to Scotland?

9. What is a second dimension necessary to effect this integration?

10. Why does Andrew not help Tom Scott? What are the effects of this decision?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Carnegie's insistence on knowing the costs continues for his twenty-five years in the steel business.

Part 1) How and why does cost matter throughout Carnegie's career in the steel business, as well as previous business ventures? How might this compare to the importance of cost to other companies? Use the text to support your response.

Part 2) How has this focus on cost influenced other businesses? How does it continue to be important to businesses today? How does this focus on cost aid in the creation of big business?

Part 3) When you make important decisions, on what do you focus? What aspects of a decision are important to you? How does your decision-making process compare to Carnegie's?

Essay Topic 2

Carnegie leaves Pittsburgh for New York City.

Part 1) Why does he decide to make this move? How is this connected to his decisions surrounding his business? How does he benefit from this move and the people he meets upon arriving in New York?

Part 2) Do you believe Carnegie would have been as successful as he was if he had stayed in Pittsburgh? Why or why not? Why was New York City an important place to be at this time? Is New York City as important today? If so, why? If not, why not?

Part 3) In what are you interested? What is the best place to be for this interest? Would you consider moving to this place? Why or why not? How might your life change by making this move?

Essay Topic 3

A typical pattern in the 19th century is that a community builds up around a few pioneers who leave their homeland and then encourage friends and relatives to join them.

Part 1) How was this the case for the Carnegies? How did they benefit from this? How might this have affected communities in the U.S.?

Part 2) How would this affect one's ability to acclimate to the American culture? What might have been considered American culture at this time? Explain.

Part 3) How are these communities still seen today? Why do these ethnic communities still exist?

(see the answer keys)

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