What does Vanderbilt do to assert his dominance and “bleed” his competitors dry? Does it work?

Answers

Answer 1

Answer:

Cornelius Vanderbilt started his rail empire by borrowing $100 to buy a small ferry boat, he quickly earned the reputation of a shrewd businessman. He always got ahead by any means necessary by hook or crook, it was pretty much win or lose. No middle ground. His single ship quickly became a fleet of ships and he was christened “The Commodore.”

He quickly understood the power of transportation – own the infrastructure and call the shot. At this peak, he does the unthinkable; he sold all his ships and invested in railroads. In today’s speak; he disrupted/reinvented himself/business. He saw the future and was willing to bet everything on it. His decision paid off greatly and he became the richest man in America with a net worth of $68M, which will roughly translate to about $75B today. He would be the 3rd richest man in the world today, just after Buffet.

Then around 1806, tragedy struck! Vanderbilt lost his favourite son, George, in a war. He was devastated. The loss of his child had far-reaching consequences, almost threatening his empire. Vanderbilt’s rivals sensing this, swooped in. They wanted to take the old man out. Vanderbilt sent his other son, William, to carry out a trade negotiation; his rivals laughed him away and sent him back to his father. Vanderbilt, upon hearing this, was very upset. He called his son into a room, pulled out a map and declared ‘‘they want war, I will give them war.’’

Vanderbilt owned the only rail bridge in NYC then; it was the gateway to the country’s largest port and market. He understood this leverage and he wasn’t going to spare anything that will bring his competition to their knees. You don’t mess with Vanderbilt and expect to walk away unscarred. This was an opportunity to teach William what it meant to be a Vanderbilt. Vanderbilt commanded his son to close the bridge, essentially blocking other rail operators access into the country’s biggest port and market.

New York City was a gateway into the continent, with this move, he was asserting his power as the rail king. He said to his son “we are going to watch them bleed.” And bled, they did. The presidents of the rival companies had no option than to sell, their stock holdings were on a free fall. William, sensing another opportunity, came to his dad and informed him about the free fall, Vanderbilt commanded him to buy everything he could. He dealt his rivals a knockout punch. In just days, he bought out all his rivals, creating the largest, single rail company in America.

Vanderbilt wasn’t contented with being the rail king; he wanted the world to know about it. He built the Central depot. It will harmonize Harlem, Hudson and Central, he wanted it in the heart of New York. This rail magnet also pioneered the concept of a hostile takeover. As time passed, he came to the realization that at the end of the day, transportation will be a bigger business than owning railroads.

Explanation:


Related Questions

Who became president after Abraham Lincoln was assassinated?
O Andrew Johnson
John Brown
John Wilkes Booth
Jim Crow

Answers

Answer:

Andrew Johnson. He was the first president to be impeached.

After Abraham Lincoln was assassinated Andrew Johnson became president. Thus the correct answer is A.

Why was Abraham Lincoln popular?

Abraham Lincoln was a significant leader in keeping the Union together throughout the American Civil War and starting the process that eventually ended slavery in the country.

From 1865 to 1869, Andrew Johnson served as the 17th president of the United States. He took over as president since he was vice president when Abraham Lincoln was assassinated.

Therefore, option A is appropriate.

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Help Me Outtt Plssss

Answers

Answer:

The Answer is D.

Explanation:

D is the correct answer choice.

Why would the federal government encourage northerners to move westward?

Answers

Answer: Gold rush and mining opportunities (silver in Nevada) The opportunity to work in the cattle industry; to be a “cowboy” Faster travel to the West by railroad; availability of supplies due to the railroad. The opportunity to own land cheaply under the Homestead Act.

Explanation:

What scandal will get Clinton impeached? What grounds was he impeached on?

Answers

Answer: The Monica Lewinsky Scandal

Explanation:

the House of Representatives approves two articles of impeachment against President Bill Clinton, charging him with lying under oath to a federal grand jury and obstructing justice.

Answer:

The resolution was "petitioning Congress to commence impeachment procedures" against Bush and Cheney for "high crimes and misdemeanors", including domestic spying, illegal detentions, signing statements, electioneering, the breaking of international treaties, and war crimes. He was impeached on State-level Democratic party actions.

Explanation:

What were the Policies Clinton promoted to help children

Answers

Answer:

is hosting the first-ever White House Conference on Child Care .President Clinton has fought for policies that help working parents fulfill their the Child .Care Bureau has launched a nationwide effort to promote.

Explanation:

he hosted the first ever white house conference on child care

Bank loans help the economy by.
A decreasing the interest rate
B increasing the employment rate
C decreasing the exchange rate
D. increasing the money supply
Please select the best answer from the choices provided
oooo

Answers

Answer:

B,is the answer

Answer:

B

Explanation:

Bonus Question
3)
According to the Supreme Court case, US v. Schenck, when are our First Amenchstent rights limited?
A)
When the press commits libel.
B)
When your freedom of speech causes chaos.
When a petition has not been signed by enough people.
D
When your religion interferes with the public school system.
One result of World War I was

Answers

i believe it’s A. when the press commits libel

if words spoken or printed were a “clear and present danger”

Based on the information in the chart, which three statements reflect advantages that the North had over the South in terms of winning the Civil War?

a. the North had the ability to manufacture weapons
b. the South did not have as great a means of transportation
c. the North had fewer urban centers
d. the South did not have the ability to feed their troops
e. the South was not as economically diverse

Answers

Answer:

A. the North had the ability to manufacture weapons

B. the South did not have as great a means of transportation

C. the South was not as economically diverse

Explanation:

On Edmentum it shows a picture of this. Comment if it was correct for you! Also add me on Brainly.com /Shrug

Answer:

A, B, E

Explanation:

Got it right on edmentum

During the Age of Imperialism, the main reason the European powers wanted to establish colonies in foreign lands was
a) to preserve native traditions
b)to maintain equality among fellow nations
c)to learn about new technologies
d)to gain access to raw materials for their industries

Answers

Answer:

d)to gain access to raw materials for their industries

Explanation:

During the Age of Imperialism, one of the main reason the European powers wanted to set up colonies in foreign lands is to gain access to raw materials for their industries

The Age of imperialism was the era when the European set up a policy or extend the authority of its empire to foreign land. Imperialism as can be dated back to mid-third millennium BC. Imperialism also had consequences that affect the nation's being colonised.

Why did Ngo Dinh Diem end up losing a tremendous amount of
support despite US efforts to financially assist South Vietnam?

Answers

Answer:

Because his government was marked by scandal that resulted in a deficient political and economic situation in the country, in addition to having established a strong religious and political persecution.

Explanation:

Jean-Baptiste Ngô Đình Diệm was the first president of South Vietnam and had strong financial support from the USA, which could have created a strong economy and political stability that was very beneficial for South Vietnam. However, his government was marked by much corruption and scandal that led South Vietnam into a political crisis and a totally weak and unleashed economy that left the population very unhappy and against the government of Ngô Đình Diệm. In addition, he established a totally authoritarian government, full of nepotism and with a strong and violent political and religious persecution, which resulted in large protests that caused him to be deposed and murdered by the country's military

The English people became familiar with representative government through their national assembly called:

Legislature
Continental Congress
Coronation
Parliament

Answers

Answer:

legislature explanation:

As a result of the Dred Scott case, the federal government......

a
banned slave trading in Washington, DC
b
had no legal right to ban slavery
c
had to permit slavery in the northern states
d
allowed Nebraska to chose slavery through popular sovereignty
NEED HELPPPP

Answers

Answer:

b: had no legal right to ban slavery

Explanation:

The Dred Scott decision basically said that since slaves were considered private property of the owner, the federal government had no right to ban it. Because of this, the Missouri Compromise was disbanded.

Read the quotation and then answer the question.
"[When]the University of Texas Law School is compared with [the] law school for Negroes, we cannot find substantial equality in the
educational opportunities offered white and Negro law students by the state. We hold that the
requires that petitioner be
admitted to the University of Texas Law School."-Chief Justice Fred Vinson, Opinion of the Court, Sweatt v. Painter (1950)
Analyze the quotation and then select the phrase that correctly completes the excerpt.

A. 13th Amendment

B. Civil Rights Act

C. Due Process Clause of the 5th Amendment

D. Equal Protection Clause of the 14th Amendment

Answers

14 Amendment that “stopped” segregation and gave a African Americans rights

Answer:

B.) Civil rights Act

Explanation:

i did this question before :)

What can you predict about how people of the border states felt about Lincoln?

Answers

Answer:

Lincoln tried to free slaves in the border states by buying them. The record bears this out. Lincoln tried in Delaware and won congressional approval to apply the principle to all states. But with no slave owners willing to come to the table, the effort failed.

Hope this helps!!!

Which of the following is a good example of inflation?
A. You get a flat tire on your car.
B. You work three jobs in order to pay your bills.
C.
It cost you $50 to gas up your car this month. But last month it cost you
$85.
D.
It cost you $85 to gas up your car this month. But last month it only cost
you $50.

Answers

Answer:

D

Explanation:

The value of money has decreased, as it now costs more for the same service.

A good example of inflation is D. It cost you $85 to gas up your car this month. But last month it only cost you $50.

What is inflation?

When the purchasing power of consumers continues to diminish with rapid succession because prices of goods and services are increasing, inflation is occurring.

When it costs $50 to refuel in the current month while it cost $85 last month, it is deflation that is occurring.

Thus, a good example of inflation is D. It cost you $85 to gas up your car this month. But last month it only cost you $50.

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The Indian Removal Act of 1830 forced Native Americans to migrate to reservations in Indian Territory in order to
A.
hunt the growing number of buffalo herds that blanketed the plains.
B.
make room for expanding white settlement in the eastern United States.
C.
provide Native Americans with land that would give them better agricultural opportunities.
D.
take advantage of ranching and mining opportunities in the West.

Answers

Answer:

B.

make room for expanding white settlement in the eastern United States.

Explanation:

In the last line of the passage, what does the author mean by "if you pack it in,pack it out" A: camping is allowed in the sand springs desert B: do not leave anything you bring in the sand springs dersert. C: backpacks are required for entry into the sand springs desert D: take as many things as you can with you when you leave the sand springs desert

Answers

Answer:

D: take as many things as you can with you when you leave the sand springs desert

Explanation:

The quote by the author about "if you packn it in, pack it out" logically means that, he is advising the person to take as much things he can lay his hands on while making plans to leave the sand springs.

why did all those men risk there life in the war? what type of essay is this? like persuasive or what and how do I start it?​

Answers

Answer:

It seems like the essay should be informative, and I would suggest that you start off with a fact, or a hook. Then you move on and talk about what you will be talking about. After that, you put your thesis, and then your body paragraphs answering those prompts.

I think the reason to risk their life in the war (my opinion) would be for their freedom and for their country.

The answer I need tell me someone

Answers

Answer:

B) Oxygen.

Explanation:

With more richness of nutrients in the water from eutrophication, there is less room for fish, leading to less oxygen, and the death of fish.

It’s when there is not enough oxygen. So... answer choice B

Why was the United States so afraid of Cuba-USSR relations? How do you think U.S. policies would have changed, if at all, towards Cuba if Castro did not interact with the Soviet Union?

Answers

The USA was afraid that Cuba was setting up USSR missiles in Cuba, which the USA was in range of.

Please help ejebrbehd

Answers

Answer:

He freed slaves in all slave states

Explanation:

I can't really properly read the text because of the glare, but it says that all persons held as slaves shall be then, thenceforward, and forever free" I skipped some of the unnecessary text. but that's your answer in a nutshell

B

Explanation:

It was used as a strategic move since there were pretty much no slaves in the north anyway

who was one of the main authors of the Declaration of
Independence?

Answers

Answer:

Thomas Jefferson

Explanation:

can i get brainliest plzzz

Explanation:

Although we know Thomas Jefferson as the true author, the Second Continental Congress initially appointed five people to draw up a declaration. The committee included Benjamin Franklin, John Adams, Roger Sherman, Robert Livingston and Thomas Jefferson.

Use the Fundamental Counting Principle to find the total number of outcomes for the situation.



making a sandwich with ham, turkey, or roast beef; swiss or provolone cheese; and mustard or mayonnaise



A. 14

C. 16

B. 12

D. 19

Answers

Answer:

Option B

Explanation:

The total number of outcomes for the situation. making a sandwich with ham, turkey, or roast beef; swiss or provolone cheese; and mustard or mayonnaise

is 12.

1 Point
Which step is not part of the process of voting?
A. Find out where your assigned polling location is.
B. Submit a voter registration application on Election Day.
C. Research the candidates and issues on the ballot.
D. Know the state deadline for registration.
SUBMIT

Answers

The correct answer is b

The submission of the voter registration application on the Election day is not the part of voting process.

What is voting?

In Election, voting refers to the choosing the most appropriate candidate as a representative of the state.

At the day of the voting every individual must cast his vote in the given location. Along with that every candidate must know the date of voting.

Thus application of registeration submitted on the day of voting is not the part of voting.

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each major political party in america is organized by

Answers

Answer:

A political party is an organized group of people who have the same ideology, or who otherwise have the same political positions, and who field candidates for elections, in an attempt to get them elected and thereby implement the party's agenda.

Explanation:

UwU ur welcome

Answer:

The government

Explanation:

The government

what was one impact of shays leading the Regulators to the courthouse? A:The constitution was overturned. B:The Regulators disbanded because they knew they would lose. C:The courthouse was closed. D:Shays was captured at the courthouse.​

Answers

Although plans for a Constitutional convention we’re already underway, the up rising in Massachusetts lead to further calls for a stronger national government and influence the ensuing debate in Philadelphia that led to the drafting of the US consideration in the summer of 1787.

What is the probability that his model rocket has landed in
a grassy area?
0.2
0.3
0.4
0.6

Answers

Answer:

C. 0.4

Explanation:

add all the numbers. 15+30+5= 50. then you add the grass areas. 15+5=20. then you divide the grassy area over the overall area. 20/50=0.4.

The probability that his model rocket has landed in a grassy area is 0.4. The correct option is c.

What is a model rocket?

A model rocket is a small rocket designed to reach low altitudes (e.g., 100–500 m (330–1,640 ft) for a 30 g (1.1 oz) model) and be recovered by a variety of means.

According to the United States National Association of Rocketry (NAR) Safety Code, model rockets are constructed of paper, wood, plastic and other lightweight materials. The code also provides guidelines for motor use, launch site selection, launch methods, launcher placement, recovery system design and deployment and more. Since the early 1960s, a copy of the Model Rocket Safety Code has been provided with most model rocket kits and motors. Despite its inherent association with extremely flammable substances and objects with a pointed tip travelling at high speeds.

Model rocketry historically has proven to be a very safe hobby and has been credited as a significant source of inspiration for children who eventually become scientists and engineers.

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How do you think Germany’s new agreements and alliances affected Hitler’s international plans?

Answers

Answer: he was.a.big there at so they had to follow orders.

Explanation:

what I got on Google

They limit his powers, which leads to him having to change up what he wanted to do originally.


this is my personal answer LOL

How did alliances contribute to the start of World War I?
O Alliances made it easier for nations to negotiate peace treaties.
Because of alliances, fewer nations needed to participate in the war.
O Alliances required nations to defend each other against aggression
A set of alliances helped nations respond peacefully to problems

Answers

Answer:

3rd option

Explanation:

edge

The Alliances required nations to defend each other against aggression. Option 3 is an appropriate response.

What is an Alliance?

In international relations, an alliance is a formal agreement between two or more states to provide mutual support in the event of war. Modern alliances call for joint action by two or more independent states and are typically defensive in nature, requiring allies to join forces if one or more of them is attacked by another state or coalition.

Although alliances can be informal, they are typically formalized by an alliance treaty, the most important clauses of which define the casus , or the circumstances under which the treaty obligates an ally to aid a fellow member.

Alliances required nations to defend each other against aggression

Hence, option 3 is an appropriate response.

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How did the invention of the Internet change people's daily lives?
A. It allowed people to receive new media.
B. It allowed people to avoid doing their chores
C. It allowed people to stop paying taxes
D. It allowed people to lose weight without exercising​

Answers

Answer:its A

Explanation:

The invention of the Internet change people's daily lives as it allowed t people to receive new media. Thus, option A is correct.

 

What is the Internet?

The Internet is the global network that connects worldwide computer networks. It is the communication system that links thousands of individual networks. It allows the exchange of information between computers worldwide.

It is a worldwide computer network that transmits data and media via interconnected devices. It works by using an internet protocol and transport control protocol.

Nowadays, everyone is connected to the internet. The internet change the way of interaction of people. Through the Internet, people are connected to everyone in a simple and easy way by using mobile phones, Laptops, etc.

The Internet has the ability to connect people instantly via social media channels, and video conferencing which brings us close together. The Internet makes people's lives much easier by connecting, sharing, and communicating.

Hence, the Internet allowed people to receive new media. Thus, the correct option is A.

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