Final Test - Hard
|Name: _____________________________||Period: ___________________________|
This quiz 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?
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?
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?
Woodruff is the cornerstone of Carnegie's fortune.
Part 1) What is Woodruff? How has Carnegie's fortune grown up to this point? How does it become the cornerstone of Carnegie's fortune? How does this then lead to Columbia Oil?
Part 2) What important decisions does he make regarding these two companies that make them the cornerstone of his fortune? How do these companies lead to future growth in his wealth? Does he make a good decision by getting out of the oil business, investing in other businesses and finally ending up in the steel business? Explain.
Part 3) How do the decisions you have made in the past affect you today? How much of an impact will the decisions you make today have on your future? Do you believe that Carnegie's decisions were well-thought out or based on instinct and experience? Use the text to support your decision. Are most of your most influential decisions and actions based on organized plans or on your own instinct and knowledge?
This section contains 479 words
(approx. 2 pages at 300 words per page)