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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

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

2. Beginning in 1872, Carnegie focuses on the single project of his steel-rail rolling mill that is completed in _________.
(a) 1893.
(b) 1903.
(c) 1873.
(d) 1883.

3. Carnegie hires the expert ____________ to put the Bessemer program in place and function as its works superintendent.
(a) Alexander Holley.
(b) John D. Rockefeller.
(c) Tom Scott.
(d) J. Edgar Hoover.

4. The Cyclops and Union Mills merger reduces time and labor cost of moving material and eliminates middlemen by _________ integration.
(a) Horizontal.
(b) Repetitive.
(c) Circular.
(d) Vertical.

5. Carnegie organizes a partnership with business associates and colleagues that are confident of his success to do what?
(a) Raise capital.
(b) Find capital.
(c) Lower capital.
(d) Stabilize capital.

Short Answer Questions

1. Carnegie feels confident enough in 1870 to do what?

2. They make a deal that is considered what?

3. Historically, management of the Carnegie companies resulted in _____ labor difficulties before the Homestead strike.

4. When Carnegie decides what furnace is more effective, he orders six more to be built immediately.

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

Short Essay Questions

1. What does the entrepreneurial Carnegie begin in 1872? Describe his work at this time.

2. Describe Captain Bill Jones' management of labor.

3. What happens when Carnegie goes to Scotland?

4. Describe the deficiency that Carnegie corrected by integrating Keystone Bridge and Union Iron?

5. What are the benefits of the Cyclops and Union Mills merger?

6. Why does Andrew not help Tom Scott? What are the effects of this decision?

7. Describe the firm and the new mill.

8. Describe Carnegie's partners at this time.

9. Carnegie's interest and insistence on cost-cutting leads him into more complex areas of manufacturing detail composition and chemistry. Give an example of this.

10. What venture is formed between Tom Miller and Carnegie?

(see the answer keys)

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