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This quiz consists of 5 multiple choice and 5 short answer questions through The Apprentice Financier.

Multiple Choice Questions

1. Managerial skill level reached over ______________ years exceeds that of the prior five centuries.
(a) Forty.
(b) Twenty-five.
(c) Thirty.
(d) Thirty-five.

2. Carnegie is cautious in his investments by limiting them to what?
(a) Firms he has studied for several months.
(b) Firms he knows about that are related to the Pennsylvania Railroad.
(c) Firms his friends suggest.
(d) Small firms.

3. Their town is at one time known as the most radical in the kingdom, as a result of the influence of ______________ who demand concessions from Parliament, primarily political equality.
(a) The Chartists.
(b) The Committee for a Workers' International.
(c) World Socialist Movement.
(d) GRAPO.

4. Carnegie rises from bobbin boy at __________ per week in 1850 to railroad superintendent at $2,400 per year in 1865.
(a) $120.00
(b) $0.12.
(c) $12.00.
(d) $1.20.

5. With whom does Carnegie form Columbia Oil Company?
(a) William Coleman.
(b) Willard Coleman.
(c) Wallece Coleman.
(d) Wilson Coleman.

Short Answer Questions

1. Carnegie meets John Piper in 1856 in order to build _______ bridges, instead of wooden bridges that can be set afire from locomotive sparks and are not cost-effective beyond a certain span and load factor.

2. Carnegie uses $11,000 in Woodruff dividends to buy 1,100 shares that pay $17,800 in their first year and eventually over _________ dollars.

3. Success is due to the first president, ________________, and the superintendent of the western division, Tom Scott, who brings Andrew Carnegie into the modern system of train control.

4. Who is Cuban Roberto Goizuetta?

5. Railroad receipts increase from $40 million in 1851 to _____________ fifteen years later in 1867.

(see the answer key)

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