Ask Question
25 February, 05:31

Which man controlled much of the railroad industry by the late 19th century?

+1
Answers (2)
  1. 25 February, 07:41
    0
    The answer is Cornelius Vanderbilt
  2. 25 February, 07:56
    0
    Cornelius Vanderbilt

    Explanation:

    Cornelius Vanderbilt was a millionaire that ruled the railroad industry in the 19th Century. He started with steamboats, later he made a profit with the ferry between New York City and New Jersey. Later he created his fleet of boats and expanded the ferry to other cities in Long Island.

    When the California Gold Rush came, he started to transport people from the West Coast to Central America, when he noticed the railroad system was very profitable he began buying stocks. By 1860s he bought several railroads in New York and united them creating the New York Central and Hudson River Railroad.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which man controlled much of the railroad industry by the late 19th century? ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers