USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

SECOND INDUSTRIAL REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the Business Tycoon:Railroads and Shipping
A
Cornelius Vanderbilt
B
John D. Rockefeller
C
Andrew Carnegie
D
J.P. Morgan
Explanation: 

Detailed explanation-1: -Cornelius Vanderbilt, byname Commodore Vanderbilt, (born May 27, 1794, Port Richmond, Staten Island, New York, U.S.-died January 4, 1877, New York, New York), American shipping and railroad magnate who acquired a personal fortune of more than $100 million.

Detailed explanation-2: -Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), nicknamed “the Commodore", was an American business magnate who built his wealth in railroads and shipping.

Detailed explanation-3: -CORNELIUS VANDERBILT IS KNOWN AS THE COMMODORE AND FOUNDER OF THE VANDERBILT NEW YORK CENTRAL RAILROAD SYSTEM AND THE VANDERBILT FAMILY.

Detailed explanation-4: -One of the first and best remembered tycoons was Cornelius Vanderbilt, better known as the “Commodore.” Vanderbilt was the classic entrepreneur, he never attended college and did not even finish public school, dropping out at the age of 11.

Detailed explanation-5: -He was thirty-five years old when the first locomotive was put into use in America. When he died, railroads had become the greatest force in modern industry, and Vanderbilt was the richest man in Europe or America, and the largest owner of railroads in the world.

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