Final Test - Hard
|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions and 1 (of 3) essay topics.
Short Answer Questions
1. Carnegie's methods in steel concentrate what?
2. Americans in the North have how many years of peace and prosperity as they begin to exploit American markets?
3. In __________, Carnegie has the most modern operation.
4. Phipps sees possible gains in other operations and encourages Carnegie to hire who?
5. Bank failures destroy personal savings, social safety nets are nonexistent and workers retreat to the family farm or where?
Essay Topic 1
Andrew escapes the coal and oil of textile mills.
Part 1) How does he escape? To where does he escape? How does he benefit from this? How do his experiences in these mills influence him?
Part 2) How important are his early careers to his life as a capitalist and then as entrepreneur? How does he use the knowledge he gains throughout his life in his career decisions? How does he benefit from doing this?
Part 3) How might your own work experiences influence you as an adult in the work force? What experiences have already occurred in your life that will be beneficial in the future?
Essay Topic 2
Carnegie forces out all partners but Schwab and brings in "young geniuses" who prove their merit.
Part 1) Describe this forcing out of the partners except Schwab. Why is Schwab kept? How is he unique from the other partners? How might these other partners have felt about being ousted from the company? Should they have been forced out? Why or why not?
Part 2) Why does Carnegie believe that bringing in "young geniuses" is the answer to his problems? How do these "young geniuses" prove their merit? How was this decision to bring in new people beneficial to Carnegie and his company?
Part 3) How has business changed at this time? What other decisions does Carnegie make that reflect this change in the steel business? How are these decisions and actions significant?
Essay Topic 3
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?
This section contains 450 words
(approx. 2 pages at 300 words per page)