View a FREE sample

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

Multiple Choice Questions

1. Railroad ______________ run the trains, maintain rolling stock and track, price and collect charges for service on passenger and freight trains running in both directions to meet demand.
(a) Employees.
(b) Managers.
(c) Stockholders.
(d) Executives.

2. In 1863, his investments pay $45,460 and by 1868, he receives __________ per year for an investment of $817 that he borrows to make.
(a) $56,110.
(b) $5,610.
(c) $561,100.
(d) $561.

3. Within _______ years of arriving in America, the Carnegies recoup their fortune through the help of their friends, relatives, and countrymen in America and earn more income that they ever received in Scotland.
(a) Eight.
(b) Four.
(c) Six.
(d) Two.

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

5. The business is _______________ with conductors and station agents collecting millions in small coin revenue.
(a) "Nickel and dime."
(b) "Penny and nickel."
(c) Penny and dime."
(d) Dime and quarter."

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. Scott leaves Carnegie in charge when he does what?

3. Carnegie, acting under Scott-Thomson proxies, now owns how much of Pacific and Atlantic for the start-up Keystone Telegraph?

4. Carnegie sells Central patents for ____________ to Pullman and they exchange shares for no money to form the new company.

5. Scott and Thomson like the Woodruff Sleeping Car Company that owns patents in 1858 but lacks what?

(see the answer key)

This section contains 250 words (approx. 1 page at 300 words per page) View a FREE sample