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

Multiple Choice Questions

1. Carnegie acquires _______ of the eight failing rail mills and follows an aggressive policy of price-cutting to anticipate its direction and expand sales.
(a) Four.
(b) Five.
(c) Three.
(d) Two.

2. Carnegie works ___________ years at the Pennsylvania Railroad while he develops managerial skill, economic principles and personal relationships to become a successful manager, capitalist and entrepreneur.
(a) Twelve.
(b) Eighteen.
(c) Fourteen.
(d) Sixteen.

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

4. Phipps takes Carnegie's cost-cutting seriously by having who analyze flue and puddle cinders?
(a) A chemist.
(b) A conservationist.
(c) A biologist.
(d) A physicist.

5. Railroads link Pittsburgh to the Atlantic coast and eventually to the Pacific coast, with the _______________ the best of them all.
(a) Pennsylvania Railroad.
(b) Union Pacific.
(c) CSX Corporation.
(d) BNSF Railway Company.

Short Answer Questions

1. Andrew begins to see the railroad industry as an opportunity to regain what?

2. Tom Miller is a _________ man who forms joint ventures with Carnegie in several small investments. They form Freedom Iron Company of Lewiston Pennsylvania in 1861 that Carnegie restructures into Freedom Iron and Steel to retool for the Bessemer process in 1866.

3. Although Andrew dislikes the tedium, smells and hours, he works in another textile mill until what?

4. What problems does this steel company have?

5. He follows a policy of putting all his eggs in the same basket and doing what?

(see the answer key)

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