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This quiz consists of 5 multiple choice and 5 short answer questions through The Apprentice Financier.

Multiple Choice Questions

1. Seeds of ambivalence develop within Andrew to appreciate what ideas?
(a) Old World.
(b) New World.
(c) His friend's.
(d) His parent's.

2. Carnegie uses $11,000 in Woodruff dividends to buy 1,100 shares that pay $17,800 in their first year and eventually over _________ dollars.
(a) A million.
(b) Two hundred thousand.
(c) A thousand.
(d) Two million.

3. Andrew goes to night school in bookkeeping at what age?
(a) Eighteen.
(b) Twenty.
(c) Fourteen.
(d) Sixteen.

4. Within _______ years of arriving in America, the Carnegies recoup their fortune through the help of their friends, relatives, and countrymen in America and earn more income that they ever received in Scotland.
(a) Two.
(b) Eight.
(c) Four.
(d) Six.

5. By ________, the Pennsylvania Railroad runs 3,500 miles of track with 30,000 employees and $61 million invested.
(a) 1860.
(b) 1875.
(c) 1865.
(d) 1870.

Short Answer Questions

1. Machines begin taking over production with energy from _____________ independent from windmills and waterwheels.

2. Andrew's job delivering telegraph messages puts him in touch with whom?

3. In 1849 when he takes the job, Carnegie is at the beginning of a period when capital, manpower and technology in the United States transitions from __________________.

4. In 1863, his investments pay $45,460 and by 1868, he receives __________ per year for an investment of $817 that he borrows to make.

5. Carnegie meets railroad's ____________ and initiates control of division operations when needed.

(see the answer key)

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