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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. 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 weaver.
(d) A shoe-binder.

2. Who was the founder of Intel and Liz Claibourne?
(a) Cuban Roberto Goizuetta.
(b) Hungarian Andy Grove.
(c) American Cuba Gooding, Jr.
(d) Indian Pooja Patel.

3. During the nineteenth century American railroads are financed by bonds with over ____ percent of their earnings used to pay bond interest.
(a) 40.
(b) 20.
(c) 50.
(d) 30.

4. Andrew Carnegie becomes known as the city's best _____________.
(a) Student.
(b) Politician.
(c) Leader.
(d) Operator.

5. 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.

Short Answer Questions

1. Carnegie perfects business techniques to transform an iron and steel industry comprised of many small producers into what for the first time?

2. Railroad receipts increase from $40 million in 1851 to _____________ fifteen years later in 1867.

3. Carnegie works ___________ years at the Pennsylvania Railroad while he develops managerial skill, economic principles and personal relationships to become a successful manager, capitalist and entrepreneur.

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

5. _____________ is the focal point that straddles the east-west route where the Monongahela and Allegheny rivers join at the Ohio River.

(see the answer key)

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