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This quiz consists of 5 multiple choice and 5 short answer questions through The Master Builder: A Structure of Steel.

Multiple Choice Questions

1. Business transactions at the time take place over what type of communication?
(a) Telegraphic.
(b) Internet.
(c) Telephone.
(d) Letter.

2. Andrew Carnegie becomes known as the city's best _____________.
(a) Student.
(b) Leader.
(c) Politician.
(d) Operator.

3. Along with Shinn, they put together an effective team based on Carnegie's systematic analysis of personnel to provide performance incentives that raise __________ men through ranks to share ownership.
(a) Twenty.
(b) Forty.
(c) Thirty.
(d) Ten.

4. Carnegie sells _____________ bonds to Junius Morgan in London to complete construction of the Edgar Thomson Works in 1875, and saves 25 percent in costs from the depression.
(a) $400,000.
(b) $4 million.
(c) $4,000.
(d) $40,000.

5. Railroads need huge amounts of what to construct track and more as they expand?
(a) Trust.
(b) Equipment.
(c) Capital.
(d) Technological understanding.

Short Answer Questions

1. In _________, the transcontinental Union Pacific seeks bids from sleeping car companies for its expansion.

2. Rich and poor are impacted when even Tom Scott faces ruin and disgrace from Texas Pacific Railroad default unless what happens?

3. When his father dies in 1855, Andrew calls him what?

4. Carnegie's first dividend check for ________ opens a whole new world of receiving cash from capital.

5. One of the country's largest banking houses Jay Cooke's collapses, credit structures tumble and _____________ businesses fail in a year.

(see the answer key)

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