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This quiz consists of 5 multiple choice and 5 short answer questions through Triumph and Tragedy.

Multiple Choice Questions

1. The business is _______________ with conductors and station agents collecting millions in small coin revenue.
(a) "Nickel and dime."
(b) Penny and dime."
(c) "Penny and nickel."
(d) Dime and quarter."

2. Only how many of the original nine partners remain?
(a) Two.
(b) Five.
(c) Four.
(d) Three.

3. When prosperity returns, the Carnegie business thrives. Does the damage to his personal reputation from the strike ever heal?
(a) Partially.
(b) No.
(c) Mostly.
(d) Yes.

4. During the nineteenth century American railroads are financed by bonds with over ____ percent of their earnings used to pay bond interest.
(a) 50.
(b) 40.
(c) 30.
(d) 20.

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

Short Answer Questions

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

2. Whose pioneering skills in management are codified in his "Book of Rules and the Employees' Timetable?"

3. The size and complexity of a railroad business requires creation of bureaucratic organization, structure, and what else?

4. Captain Bill Jones claims success in managing labor by doing what?

5. Small firms operate iron furnaces to smelt ore into _______ iron.

(see the answer key)

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