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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. Phipps takes Carnegie's cost-cutting seriously by having who analyze flue and puddle cinders?

2. Carnegie hires Captain Bill Jones to raid whose staff where they worked together before its strike to run ET?

3. Frick shares Carnegie's vision and drive but is self-righteous and lacks what?

4. Carnegie is praised by labor leaders and Frick is considered _____________.

5. Other operating benefits like reduced inventory and less machine duplication create cost savings to enable __________________at a market-competitive rate.

Short Essay Questions

1. How does Carnegie benefit from cutting costs?

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

3. Describe the economic collapse. How are Carnegie and others affected by it?

4. Describe Duqesne Steel.

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

6. What does Phipps suggest to Carnegie? How does Carnegie benefit from this?

7. 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.

8. How does Carnegie rely on the McCallum system?

9. Why does Carnegie hire Alexander Holley?

10. What happens when Carnegie goes to Scotland?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

After Carnegie's apprenticeship ends at the Pennsylvania Railroad, he is ready to move on.

Part 1) Why does he decide it is time to move on? Is this a good decision? Why or why not? To where does he move on? Why?

Part 2) How does this move change his life? Do you believe he would have been successful if he had stayed at the Pennsylvania Railroad? Why or why not?

Part 3 ) Describe a time when you have realized it was time for a change. How did you know? How did you go about this change? What were the end results?

Essay Topic 2

The Panic of 1873 is significant.

Part 1) Describe the Panic of 1873. How does it begin? How are businesses and ordinary citizens affected by it? How does the country pull out of this panic? How does this panic compare to the 1929 Crash and the Great Depression that followed?

Part 2) Could this panic have been avoided? If so, how? If not, why not? Did the country learn from this panic? Why or why not?

Part 3) Could a panic such as this occur again? Why or why not? Have we as a country learned anything from this panic, the Crash of 1929, and other economic disasters? Explain.

Essay Topic 3

Andrew becomes known as Pittsburgh's best telegraph operator.

Part 1) How does he become known as this? What does this reveal about his personality? How are these character traits continually revealed and reinforced throughout this book?

Part 2) How does Andrew benefit from this title? How does his work ethic and natural business sense impact the decisions he makes throughout his life?

Part 3) What can you learn from Andrew? How can you benefit from Andrew's experiences?

(see the answer keys)

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