[2015] Mykna Cooper: Cornelius Vanderbilt

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by bolanrob1
Last updated 6 years ago

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[2015] Mykna Cooper: Cornelius Vanderbilt

Cornelius Vanderbilt had a monopoly of on shipping between California and the Atlantic coast. He did not wown it but it was owned by Americas primary transatlantic line and it dominated Wall Street. He did not treat his workers very well. He made them work long hours and did not recieve a lot of compensation for the work they did. He did give many unemployed people jobs though.

Cornelius Vanderbilt

Cornelius Vanderbilt became rich by building railroads and shipping. He is was the patriarch of his family. He made steamboats and steamship lines. He used vertical integration to control every part of the shipping industries. Cornelius Vanderbilt over powered Andrew Carnigie to become rich.

How they became rich and who he over powered to become rich?

His monpoly and how the workers were treated?

How he pushed the United States into World Power status

Cornelius Vanderbilt pushed the United States into World Power status by creating steamboats and the railroad which created transportation. Which allowed people to transport accros the country or the United States. He also put railroads in the North East.

Citations https://en.wikipedia.org/wiki/Cornelius_Vanderbilt http://www.vanderbilt.edu/magazines/vanderbilt-magazine/2011/04/the-commodores-civil-war/msrappoccio.weebly.com/.../2/2/.../charles_cece_daniel_-_vanderbilt.ppt...


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