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

Multiple Choice Questions

1. Carnegie meets railroad's ____________ and initiates control of division operations when needed.
(a) Executives.
(b) Customers.
(c) Managers.
(d) Critics.

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

3. This craft has been practiced by half its 11,000 people since when?
(a) The Renaissance.
(b) The 17th century.
(c) The 18th century.
(d) Medieval times.

4. Erie and Pennsylvania Railroads each have ________ thousand employees trained into a disciplined workforce.
(a) Eight.
(b) Ten.
(c) Four.
(d) Thirteen.

5. In 1849 when he takes the job, Carnegie is at the beginning of a period when capital, manpower and technology in the United States transitions from __________________.
(a) An old agricultural to a new industrial world.
(b) A new industrial world to an old agricultural world.
(c) An old hunter and gatherer society to a new agricultural world.
(d) An old industrial to a new agricultural world.

Short Answer Questions

1. Machines begin taking over production with energy from _____________ independent from windmills and waterwheels.

2. Railroads link Pittsburgh to the Atlantic coast and eventually to the Pacific coast, with the _______________ the best of them all.

3. It is _______________ private business firm in the world and is called "the standard railroad of the world."

4. This old craft is destroyed in _______ years, along with Will Carnegie's job and his town's main source of income.

5. What is the town's industry in 1835?

(see the answer key)

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