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This quiz consists of 5 multiple choice and 5 short answer questions through Carnegie Challenges the World.

Multiple Choice Questions

1. Railroads link Pittsburgh to the Atlantic coast and eventually to the Pacific coast, with the _______________ the best of them all.
(a) CSX Corporation.
(b) Pennsylvania Railroad.
(c) Union Pacific.
(d) BNSF Railway Company.

2. Small firms operate iron furnaces to smelt ore into _______ iron.
(a) Elephant.
(b) Bull.
(c) Horse.
(d) Pig.

3. Frick's chairmanship of the Carnegie Company marks a difficult period in its history starting with what strike in 1892 and a four year depression from 1893.
(a) The Homestead Strike.
(b) Postal Worker's Strike.
(c) The Pullman Strike.
(d) UPS Workers Strike.

4. 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) Ten.
(b) Thirty.
(c) Twenty.
(d) Forty.

5. Carnegie, acting under Scott-Thomson proxies, now owns how much of Pacific and Atlantic for the start-up Keystone Telegraph?
(a) One fourth.
(b) One half.
(c) One eighth.
(d) One third.

Short Answer Questions

1. Carnegie relies on what system implemented by Thomson and Scott at the railroad to transfer and adapt it to industry?

2. Scott sends Carnegie off to where as a bond salesman with good wishes, a bag of bonds and letters of reference for the St. Louis Bridge Company?

3. Andrew goes to night school in bookkeeping at what age?

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

5. 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.

(see the answer key)

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