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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Historically, management of the Carnegie companies resulted in _____ labor difficulties before the Homestead strike.
(a) Hundreds of.
(b) Quite a few.
(c) Many.
(d) Few.

2. Carnegie's labor guidelines and Captain Bill's implementation works well until 1889 when what happens to Bill?
(a) He is injured in a blast furnace explosion.
(b) He is accused of causing a blast furnace explosion.
(c) He is killed in a blast furnace explosion.
(d) He causes a blast furnace explosion.

3. Carnegie eliminates the costly fire insurance on his wooden buildings by replacing them with what?
(a) Bronze structurse.
(b) Steel structures.
(c) Copper structures.
(d) Iron structures.

4. He installs a blast furnace called________ in 1872 to produce 13.361 tons initially and eventually over 100,000 tons annually by maximizing output.
(a) "Luke."
(b) "Lucy."
(c) "Lenny."
(d) "Larry."

5. By 1892, Carnegie is in ______________ and leaves labor issues to Frick.
(a) Scotland.
(b) Wales.
(c) Ireland.
(d) England.

6. Carnegie is praised by labor leaders and Frick is considered _____________.
(a) "Carnegie's assistant."
(b) "Strange and righteous."
(c) "Haughty and disdainful."
(d) "A hero."

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

8. William Coleman also shares Carnegie's interest and enthusiasm in what?
(a) Oil.
(b) Retail.
(c) Steel.
(d) Technology.

9. Frick's chairmanship of the Carnegie Company marks a difficult period in its history starting with what strike in 1892 and a four year depression from 1893.
(a) The Homestead Strike.
(b) UPS Workers Strike.
(c) Postal Worker's Strike.
(d) The Pullman Strike.

10. What problems does this steel company have?
(a) Supply and labor problems.
(b) Financial and policy problems.
(c) Management and organization problems.
(d) Labor and capital problems.

11. Carnegie relies on what system implemented by Thomson and Scott at the railroad to transfer and adapt it to industry?
(a) The McCallum.
(b) The McAllister.
(c) The McDonald.
(d) The McMillan.

12. Corruption in construction of the Union Pacific Railroad is exposed with what scandal where congressmen get railroad stock to misuse public funds?
(a) The Credit Mobilier.
(b) Newport Scandal.
(c) Lawyergate.
(d) The Hatch Act.

13. Carnegie's methods in steel concentrate what?
(a) The first American industry.
(b) The beginnings of pollution problems.
(c) The first industry in the world.
(d) The beginnings of the American steel industry.

14. From 1872 through ________, Carnegie builds an integrated industrial business to become the best-known manufacturer in the world, publishes three books, travels around the world, and becomes a philanthropist with the express intent to give away his fortune.
(a) 1889.
(b) 1899.
(c) 1909.
(d) 1879.

15. Americans in the North have how many years of peace and prosperity as they begin to exploit American markets?
(a) Eight.
(b) Nine.
(c) Seven.
(d) Ten.

Short Answer Questions

1. Carnegie organizes a partnership with business associates and colleagues that are confident of his success to do what?

2. Cost information enables cost-cutting per unit by __________________________ at the same output level.

3. They make a deal that is considered what?

4. The mill site is strategically situated _______________ where the Pennsylvania, Baltimore and Ohio railroad and river transportation system is readily available, nearby the coal fields.

5. When prosperity returns, the Carnegie business thrives. Does the damage to his personal reputation from the strike ever heal?

(see the answer keys)

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