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Who became the richest man in the world by 1901 by investing in the steel industry and selling railroads?
Wiki User
∙ 13y ago
Andrew Carnegie
Wiki User
∙ 13y ago
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What was the effect of the railroads selling this land?
There was an increase in population in the American interior
How did John D. Rockefeller control over much of the oil industry?
By selling oil cheaper than his competitors, forcing his competitors to go out of business or to be taken over by Rockefeller. He also gave kickbacks to the railroads to give his oil shipments preferential treatment.
How did railroad companies raise most of the money they needed to build their railroads?
Selling government land grants
What similar activities are performed by most businesses?
Ø operating Ø financing Ø investing Ø marketing Ø selling Ø accounting :))
Who made the western cattle industry profitable?
Ranchers made the western cattle industry profitable. They did this by selling and raising cattle for food and agricultural purposes.
What was the effect of the railroads selling this land?
There was an increase in population in the American interior
Buying and selling productive resources with long lives?
investing activity
What type of industry is selling comic books in?
The book industry .
Did railroads sell land to settlers?
The railroads did indeed see land to American settlers. They made billions of dollars selling the right of way when they were finished with it.
Typical cash flows from investing activities include?
Typical cash flows from investing activities included a purchase of asset or interest received from investing in other company or receipts from selling of assets etc.
What has the author Frederick Hurd Thompson written?
Frederick Hurd Thompson has written: 'Selling to the railroads'
How did the railroads raise most of the money they needed to build their railroad?
Selling government land grants
How do the Latvians make money?
well all latvian are making money by selling motor vehciles and railroads
How did railroad companies raise most of the money they needed to build their railroads?
Selling government land grants
In what type of industry does autotrader partake?
Autotrader is an online marketplace for individuals interested in buying and selling cars. It operates in the car selling and research and sales industry.
How did John D. Rockefeller control over much of the oil industry?
By selling oil cheaper than his competitors, forcing his competitors to go out of business or to be taken over by Rockefeller. He also gave kickbacks to the railroads to give his oil shipments preferential treatment.
What transactions would be considered an investing activity on a Statement of Cash Flows?
selling a depreciable asset for cash at a loss
