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

Multiple Choice Questions

1. How many people immigrate from the Old to the New World to embed the dream into an image of America far stronger than the success of a few like the Guggenheims and Vanderbilts?
(a) Hundreds.
(b) Tens of billions.
(c) Tens of millions.
(d) Tens of thousands.

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

3. This old craft is destroyed in _______ years, along with Will Carnegie's job and his town's main source of income.
(a) Eight.
(b) Ten.
(c) Eighteen.
(d) Twenty.

4. Seeds of ambivalence develop within Andrew to appreciate what ideas?
(a) New World.
(b) Old World.
(c) His parent's.
(d) His friend's.

5. Carnegie's first installment on his one-eighth interest in Woodruff is $217.50 borrowed from the bank. The balance is paid by dividends in the venture's ________ year.
(a) First.
(b) Third.
(c) Second.
(d) Fourth.

Short Answer Questions

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

2. During the nineteenth century American railroads are financed by bonds with over ____ percent of their earnings used to pay bond interest.

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

4. Except for Tom, the youngest who is in school, Will and Margaret go to work by weaving and shoe-binding, and Andrew as what in a textile mill?

5. The Carnegies stay in their homeland as long as they can until conditions become intolerable in what town?

(see the answer key)

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