1. From 1867 through 1872, Andrew Carnegie joins the expansion trend by manipulating what stock to promote $30 million in stocks and bonds in Europe?
(a) Union Pacific and Pennsylvania Railroad.
(b) Woodruff and Western Union.
(c) Pennsylvania Railroad and Western Union.
(d) Western Union and Union Pacific.

2. Who is the cornerstone of Carnegie's fortune, followed in 1861 by Columbia Oil?
(a) Pullman.
(b) Coleman.
(c) Woodruff.
(d) Pennsylvania Railroad.

3. In ___________, Andrew is offered a job by Tom Scott, western division superintendent of the Pennsylvania Railroad, to be his secretary and personal telegrapher.
(a) 1868.
(b) 1858.
(c) 1852.
(d) 1862.

4. 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.
(a) Eighteenth.
(b) Seventeenth.
(c) Nineteenth.
(d) Sixteenth.

5. Carnegie's ideas about machines, individual success and the American political system contribute to the development and growth of what?
(a) The industrial economy.
(b) The market based economy.
(c) The digital Economy.
(d) The barter economy.

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. When his father dies in 1855, Andrew calls him what?

3. Whose pioneering skills in management are codified in his "Book of Rules and the Employees' Timetable?"

4. Carnegie's career begins on July 15, 1848, when he and his family, parents Will, Margaret and his brother Tom, do what?

5. Seeds of ambivalence develop within Andrew to appreciate what ideas?

(see the answer key)

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