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This quiz consists of 5 multiple choice and 5 short answer questions through The Master Moneyman: A Fortune in Paper.

Multiple Choice Questions

1. By the age of __________ Carnegie manages a complex, multi-unit industrial enterprise and capitalizes on knowing the value of money based on what it can earn.
(a) Twenty-five.
(b) Thirty.
(c) Twenty-eight.
(d) Thirty-eight.

2. Scott and Thomson hold stock in Carnegie's name for what reason?
(a) To avoid impropriety for Carnegie's one-eighth interest.
(b) They are afraid to hold stock in their own.
(c) Carnegie is very well-known and trusted.
(d) Carnegie will not allow them to hold stock in anyone else's name.

3. 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?
(a) A bobbin boy.
(b) An errand boy.
(c) A shoe-binder.
(d) A weaver.

4. What does Andrew dislike about the oil business that seems beyond control of management until the 1880s and Rockefeller?
(a) The fluctuation of price.
(b) The destructive properties of oil.
(c) The instability of the economy.
(d) The smell, messiness and waste.

5. Coleman wants to raise the price of oil by doing what?
(a) Hoarding supply.
(b) Raising his workers' salaries.
(c) Raising his own salary.
(d) Raising the cost of shipping.

Short Answer Questions

1. Carnegie proposes they cooperate rather than bid against each other and suggests what be the joint venture?

2. In ___________, Andrew is offered a job by Tom Scott, western division superintendent of the Pennsylvania Railroad, to be his secretary and personal telegrapher.

3. Carnegie buys his stock in Pullman selling shares in Central to other stockholders by not using what?

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

5. Scot Andrew Carnegie became what?

(see the answer key)

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