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

Multiple Choice Questions

1. _____________ is the focal point that straddles the east-west route where the Monongahela and Allegheny rivers join at the Ohio River.
(a) Cleveland.
(b) Youngstown.
(c) Philadelphia.
(d) Pittsburgh.

2. In 1856, Scott advises him to buy what company as his first stock investment?
(a) Aaron Express Company.
(b) Adams Express Company.
(c) Amos Express Company.
(d) Anthony Express Company.

3. Frick's first acquisition is _____________, which is the most modern steel mill and keeps the Carnegie Company at the forefront.
(a) Duquesne Steel.
(b) NESSteel.
(c) Factory Steel.
(d) U.S. Steel.

4. Specialized merchants control flow of product at every step, which _____________________.
(a) Increases costs and increases materials flow.
(b) Increases costs and slows materials flow.
(c) Slows costs and slows materials flow.
(d) Slows costs and increases materials flow.

5. Carnegie's pace of ___________ replacement needs continuous reinvestment of profits to the exclusion of significant dividend payments.
(a) Policy.
(b) Management.
(c) Employee.
(d) Equipment.

Short Answer Questions

1. Carnegie tries to use public relations, legislative action and threatens who to drive shipping costs down?

2. James L. Shaw of the Pacific and Atlantic Telegraph Company offers to buy how many shares of Keystone at three times its value, or $150,000?

3. A typical pattern in the ____________ century is that a community builds up around a few pioneers who leave their homeland and then encourage friends and relatives to join them.

4. Along with Shinn, they put together an effective team based on Carnegie's systematic analysis of personnel to provide performance incentives that raise __________ men through ranks to share ownership.

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

(see the answer key)

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