Andrew Carnegie and the Rise of Big Business Quiz

Harold C. Livesay
This Study Guide consists of approximately 39 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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Directions: Click on the correct answer.

Questions 1-5 of 25:

1.

Carnegie suspects an unknown buyer and the need for time, so he demands $2 million cash as an option payment to do what? (from The Climb Ends)

2.

Carnegie's first installment on his one-eighth interest in Woodruff is $217.50 borrowed from the bank. The balance is paid by dividends in the venture's ________ year. (from The Apprentice Financier)

3.

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)

4.

Phipps and Frick find a buyer in April 1899, who offers to buy Carnegie Steel and Frick Coke for $250 and $70 million respectively, which would pay Carnegie an acceptable $157 million with $57 million in cash. When Carnegie asks the name of the buyer, Phipps and Frick as agents claim what? (from The Climb Ends)

5.

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

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