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This quiz consists of 5 multiple choice and 5 short answer questions through Triumph and Tragedy.
Multiple Choice Questions
1. One of the country's largest banking houses Jay Cooke's collapses, credit structures tumble and _____________ businesses fail in a year.
(a) 50,000.
(b) 5,000.
(c) 500.
(d) 1,000.
2. Thirteen year-old Andrew sees his father fail while admiring whose determination to rise above it?
(a) His mother's.
(b) His aunt's.
(c) His uncle's.
(d) His brother's.
3. Scott and Thomson like the Woodruff Sleeping Car Company that owns patents in 1858 but lacks what?
(a) Intelligence.
(b) The courage and business sense to develop them.
(c) Financial backing.
(d) Understanding of this business.
4. Carnegie sells _____________ bonds to Junius Morgan in London to complete construction of the Edgar Thomson Works in 1875, and saves 25 percent in costs from the depression.
(a) $400,000.
(b) $4 million.
(c) $40,000.
(d) $4,000.
5. Carnegie promotes expanding with other Pennsylvania-controlled franchises through Scott and assures construction in his contracting business by bartering Pacific stock for construction costs with ___________ exchange rates.
(a) 3 and 5 to one.
(b) 2 and 4 to one.
(c) 3 and 4 to one.
(d) 5 and 7 to one.
Short Answer Questions
1. Scott and Thomson hold stock in Carnegie's name for what reason?
2. Carnegie uses $11,000 in Woodruff dividends to buy 1,100 shares that pay $17,800 in their first year and eventually over _________ dollars.
3. Carnegie and his triumvirate get a franchise from Pennsylvania Railroad with the benefits of existing poles and franchising from Trenton through to what?
4. By ________, the Pennsylvania Railroad runs 3,500 miles of track with 30,000 employees and $61 million invested.
5. When the state legislature creates a limited partnership in ____________, Carnegie, McCandless immediately restructures into the Edgar Thomson Steel Company, Limited.
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This section contains 281 words (approx. 1 page at 300 words per page) |
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