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

Multiple Choice Questions

1. Who rescues Merritt's Mesabi Range from bankruptcy?
(a) Frick.
(b) Carnegie.
(c) Thomas.
(d) John D. Rockefeller.

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

3. 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.
(a) Automobile.
(b) Technology.
(c) Railroad.
(d) Industrial.

4. When the state legislature creates a limited partnership in ____________, Carnegie, McCandless immediately restructures into the Edgar Thomson Steel Company, Limited.
(a) 1878.
(b) 1874.
(c) 1876.
(d) 1880.

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

6. At the age of ___________ Carnegie finds a wife for his home, a business successor and considers retirement.
(a) Fifty-four.
(b) Forty.
(c) Fifty.
(d) Sixty.

7. Carnegie feels confident enough in 1870 to do what?
(a) Buy new businesses.
(b) Make large changes in the business.
(c) Expand the business.
(d) Sell the business.

8. As mills become more efficient, the need for raw material continues with deposits from _______________________.
(a) Alabama, Alaska, and Arizona.
(b) Indiana, Kentucky, and Illinois.
(c) Michigan, Wisconsin and Minnesota.
(d) New York, Pennsylvania, and Maryland.

9. Along with Shinn, they put together an effective team based on Carnegie's systematic analysis of personnel to provide performance incentives that raise __________ men through ranks to share ownership.
(a) Ten.
(b) Thirty.
(c) Twenty.
(d) Forty.

10. 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) "Larry."
(b) "Luke."
(c) "Lucy."
(d) "Lenny."

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

12. The start of ET construction coincides with what?
(a) The Great Depression of 1873.
(b) Black Friday of 1873.
(c) The Panic of 1873.
(d) The Crash of 1873.

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

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

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

Short Answer Questions

1. Schwab cuts $500,000 in costs at Homestead by __________________ and replacing skilled labor with machines and unskilled workers.

2. Carnegie corrects this deficiency by integrating _______________________.

3. Americans in the North have how many years of peace and prosperity as they begin to exploit American markets?

4. Carnegie forms an enterprise to manufacture Bessemer steel as he changes from ________________.

5. Corruption in construction of the Union Pacific Railroad is exposed with what scandal where congressmen get railroad stock to misuse public funds?

(see the answer keys)

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