Andrew Carnegie and the Rise of Big Business Quiz

Harold C. Livesay

This Study Guide consists of approximately 40 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Andrew Carnegie and the Rise of Big Business.

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Take our free Andrew Carnegie and the Rise of Big Business quiz below, with 25 multiple choice questions that help you test your knowledge. Determine which chapters, themes and styles you already know and what you need to study for your upcoming essay, midterm, or final exam. Take the free quiz now!

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Questions 1-5 of 25:

1.

Tom Miller is a _________ man who forms joint ventures with Carnegie in several small investments. They form Freedom Iron Company of Lewiston Pennsylvania in 1861 that Carnegie restructures into Freedom Iron and Steel to retool for the Bessemer process in 1866. (from The Master Builder: A Foundation of Iron)

Automobile.

Railroad.

Technology.

Industrial.

2.

With whom does Carnegie form Columbia Oil Company? (from The Apprentice Financier)

Wilson Coleman.

William Coleman.

Willard Coleman.

Wallece Coleman.

3.

Coleman wants to raise the price of oil by doing what? (from The Apprentice Financier)

Raising his workers' salaries.

Raising his own salary.

Hoarding supply.

Raising the cost of shipping.

4.

Cost information enables cost-cutting per unit by __________________________ at the same output level. (from The Master Builder: A Foundation of Iron)

Decreasing the speed of materials flow and increasing labor cost.

Increasing the speed of materials flow and increasing labor cost.

Increasing the speed of materials flow and decreasing labor cost.

Decreasing the speed of materials flow and decreasing labor cost.

5.

What does Andrew dislike about the oil business that seems beyond control of management until the 1880s and Rockefeller? (from The Apprentice Financier)

The destructive properties of oil.

The fluctuation of price.

The smell, messiness and waste.

The instability of the economy.

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