University of Georgia Carnegie Steel George Washington History Exam Practice

What was the first major company that J.P. Morgan became chairman of the board for in the late 1800s?

Select one:

a. Safeco

b. United States Steel

c. Carnegie Steel

d. New York Central Railway

e. The Western and Atlantic Railway

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As a young child, he developed the love of collecting what unique items?

Select one:

a. Clothing worn by famous generals.

b. model boats

c. autographs of famous Americans

d. butterflies

e. the bones of animals

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According to the video, what became of Morgan’s first wife?

Select one:

a. she died

b. she divorced him because of infidelity

c. she fell ill and was institutionalized, and later, because of this, the courts granted him a divorce so he could remarry

d. he never married, so there was no first wife, or second for that matter

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J.P. Morgan collected so many pieces of art that he had to build a private library to hold all of it when it outgrew his house. He also donated lots of money to have monuments built to what man?

Select one:

a. his father

b. McKinley

c. George Washington

d. Napoleon Bonaparte

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In 1893

Select one:

a. Morgan remarried

b. Morgan’s son died

c. the stock market crashed

d. Morgan became the chairman of Morgan Chase Bank

e. Morgan retired from the board of his own banking business

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The Corsair was his

Select one:

a. yacht

b. dog

c. vacation estate

d. French home

e. home in New York City

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J.P. Morgan was a Christian. To what denomination did he belong?

Select one:

a. Baptist

b. Episcopalian

c. Catholic

d. Presbyterian

e. Methodist

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His first risky business venture came in 1860 when he bought a shipment of what, where?

Select one:

a. sugar, Cuba

b. cigars, Cuba

c. coffee, Cuba

d. coffee, New Orleans

e. tea, New Orleans

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After the government sued and won against the Northern Securities Company owned by Morgan, thus causing the company to dissolve, J.P. Morgan was so angry with Theodore Roosevelt that he publicly wished what would happen to him?

Select one:

a. that he would be assassinated like his former boss McKinley was

b. that he would be eaten by a lion on his upcoming safari through Africa

c. that he would be impeached by the U.S. House of Representatives

d. that he would be captured by kidnappers and held for NO ransom.

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Which statement best describes the response of Americans to Morgan’s plan to save the economy in 1894 and its eventual success.

Select one:

a. Although some were grateful for his patriotism, others believed that he had manipulated the government and turned a nice profit.

b. Hardly any criticism was spoken about Morgan, and newspapers across the nation cheered him on a patriot and crafty businessman who was a great example of the economic opportunities that existed in America for those who worked hard.

c. Millions of Americans were angry that he had amassed enough money to be able to do this, and Morgan became so unpopular that he retired and went on a European tour where he eventually died.

d. There was very little if any reaction to this, as Morgan’s involvement was kept secret by President Cleveland.

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What man approached Morgan in 1879 and asked him to help him dispose of his 250,000 shares in the New York Central Railway. Your answer needs to be the man’s first and last name.

Answer:

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In his younger years, Morgan’s father accepted a position at a _ (blank) _ in London, England. The answer is one word.

Answer:

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Morgan suffered from Acne Rosacea, which could be easily seen on what part of his face?

Answer:

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Because of his illness, he was forced to spend a lot of time alone. The video mentions that because of this, he was able to perfect what game?Please spell your answer correctly!

Answer:

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What president surprisingly called on J.P. Morgan to save the nation from economic collapse in 1907? Your answer should include that president’s first and last name.

Answer:

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According to the video, Morgan believed his _ (blank) _ about people would always make him a winner. Fill in the blank with the one word answer.

Answer:

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When J.P. Morgan bought Carnegie Steel for almost 500 million dollars, he built it in to United States Steel which became the United States’ first Answer dollar corporation. (one word answer)

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Inviting executives and competing business executives to his home or his boat and locking them on board or inside until the deal was made or an agreement was reached was a common negotiating tactic Morgan was known for in the business world.

Select one:

True

False

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J.P. Morgan avoided service in the Union Army during the Civil War by paying another man 300 dollars to be his substitute and fight in his place.

Select one:

True

False

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Morgan locked trust company presidents in the main office and board room at his private library and kept them there until they agreed to a deal he had crafted to save the economy with their help. He kept them there quite some time.

Select one:

True

False

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J.P. Morgan began his first job in the business field as a vice president of a small Wall-Street bank.

Select one:

True

False

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In 1894 when the nation’s economy almost collapsed again, Morgan reached out to President Grover Cleveland and offered his help with a plan to have European and American investors invest money in the U.S. economy by directly buying gold. The plan, however, was refused by President Cleveland at first.

Select one:

True

False

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Morgan loved history, and he wrote his high school commencement essay on his hero, General George Washington.

Select one:

True

False

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At the beginning of the video,the narrator mentions that J.P. Morgan was heavily influenced by what relative?

Select one:

a. father

b. mother

c. brother

d. grandfather

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Although faitful, Morgan believed in a double standard, and would often be seen in public with other women while married to his wife.

Select one:

True

False