View a FREE sample

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

Multiple Choice Questions

1. Beginning in 1872, Carnegie focuses on the single project of his steel-rail rolling mill that is completed in _________.
(a) 1873.
(b) 1893.
(c) 1883.
(d) 1903.

2. Americans in the North have how many years of peace and prosperity as they begin to exploit American markets?
(a) Nine.
(b) Seven.
(c) Eight.
(d) Ten.

3. James L. Shaw of the Pacific and Atlantic Telegraph Company offers to buy how many shares of Keystone at three times its value, or $150,000?
(a) Ten thousand.
(b) One million.
(c) One hundred thousand.
(d) One thousand.

4. What problems does this steel company have?
(a) Financial and policy problems.
(b) Supply and labor problems.
(c) Management and organization problems.
(d) Labor and capital problems.

5. Productive staff is rewarded and non-productive staff is ___________.
(a) Ignored.
(b) Eliminated.
(c) Punished.
(d) Abused.

Short Answer Questions

1. Why does Pullman gives Carnegie enough Pennsylvania stock to collateralize a $600,000 loan?

2. Carnegie forces another _____________ partners out until only Schwab survives, while bringing in "young geniuses" who prove their merit on cost sheets.

3. A typical pattern in the ____________ century is that a community builds up around a few pioneers who leave their homeland and then encourage friends and relatives to join them.

4. Andrew Carnegie's last bond financing sale comes in July, _______ when he sells $6 million in bonds to Sulzbach Brothers, who buy bonds reluctantly, with Carnegie's encouragement.

5. Carnegie is cautious in his investments by limiting them to what?

(see the answer key)

This section contains 260 words (approx. 1 page at 300 words per page) View a FREE sample