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This quiz consists of 5 multiple choice and 5 short answer questions through The Climb Ends.

Multiple Choice Questions

1. Carnegie uses a similar strategy to exit the Woodruff Company by reorganizing it into ________________ with new stockholders and the triumvirate unstated.
(a) The Cross Continental Company.
(b) The Central Transportation Company.
(c) The Union Transport Company.
(d) The Atlantic Pacific Company.

2. Phipps takes Carnegie's cost-cutting seriously by having who analyze flue and puddle cinders?
(a) A chemist.
(b) A biologist.
(c) A conservationist.
(d) A physicist.

3. Railroads link Pittsburgh to the Atlantic coast and eventually to the Pacific coast, with the _______________ the best of them all.
(a) BNSF Railway Company.
(b) Union Pacific.
(c) CSX Corporation.
(d) Pennsylvania Railroad.

4. Railroads need huge amounts of what to construct track and more as they expand?
(a) Technological understanding.
(b) Trust.
(c) Capital.
(d) Equipment.

5. The start of ET construction coincides with what?
(a) The Panic of 1873.
(b) Black Friday of 1873.
(c) The Crash of 1873.
(d) The Great Depression of 1873.

Short Answer Questions

1. Coleman wants to raise the price of oil by doing what?

2. Carnegie's insistence on knowing the costs continues for his _______________ years in the steel business.

3. The agents return with $1,170,000 cash for Carnegie's 58 percent and payment waivers for the junior partners' option. Carnegie goes to where?

4. Schwab cuts $500,000 in costs at Homestead by __________________ and replacing skilled labor with machines and unskilled workers.

5. Holley's pre-production estimates and Shinn's voucher system provides Carnegie's Edgar Thomson Works with accurate profitability in its ________ month of operation.

(see the answer key)

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