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The captain of industry known for making his money in the railroad industry is Cornelius Vanderbilt.

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David Denton

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2y ago

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Which country is known for its highly developed dairy industry?

The Netherlands is renowned for its highly developed dairy industry, characterized by advanced agricultural practices and a strong emphasis on sustainability. The country is one of the largest exporters of dairy products in the world, including cheese, milk, and butter. Dutch dairy farms are known for their efficiency and innovation, often utilizing cutting-edge technology to enhance production and quality. Additionally, the Netherlands has a rich tradition of cheese-making, with varieties like Gouda and Edam being globally recognized.


What was the economic policy of letting owners of industry and business set working conditions without interference is known as?

Laissez faire


If consumption is the process of using things making the things that are used known as?

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What are the barriers to entry in the hard drink industry?

Barriers to entry in the hard drink industry include high capital requirements for production facilities and equipment, regulatory compliance for licensing and safety standards, and established brand loyalty that favors well-known companies. Additionally, distribution networks can be difficult to penetrate due to existing relationships between distributors and established brands. Lastly, marketing and advertising costs can be substantial, making it challenging for new entrants to gain visibility in a competitive market.


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He embraced a set of goals known as the Four Modernizations. These called for progress in agriculture, industry, defense, and science and technology.

Related Questions

What railroad tycoon was know for consolidating railroads?

Jim Fisk ^That answer is wrong! One business man known for the money he made as a railroad tycoon is Cornelius Vanderbilt. He is known for making a fortune by consolidating railroad companies to get rid of competition and have greater control of price.


Is Milton hershey captain of industry or robber baron?

I would say he is a Captain of Industry because he was the most well known chocolate salesman in like 4 years of him selling chocolate. Even till today he is still the number one company in chocolate sales. Also he excelled extremely fast. Therefore he is a Captain of the Industry.


What is the major industry in Georgia?

Georgia's major industry is paper and board. Even though they are known for their peaches, it is not the most money making industry in Georgia.


Was the Underground Railroad underground?

No it is known as the underground railroad as it was hidden from sight


What do you call the boards on a railroad track?

Railroad ties, popularly known as Sleepers.


What did captain smith drive?

Captain Smith, famously known as the captain of the RMS Titanic, drove the ship during its ill-fated maiden voyage in April 1912. The Titanic was a luxury British passenger liner known for its advanced technology and opulent design. Captain Smith had a long career at sea and was highly regarded in the shipping industry before the tragic sinking of the Titanic after hitting an iceberg.


What was Harriet Tubman known for?

Harriet was known for the Underground Railroad.


What was the main purpose of the company known as the credit mobilizer?

The main purpose of the Credit Mobilier company, established in the 1860s, was to finance the construction of the Union Pacific Railroad. It served as a construction company that overcharged the railroad for building the track, allowing its investors to profit significantly. The company became notorious for its role in a major corruption scandal involving politicians and railroad executives, highlighting issues of graft and influence in the burgeoning railroad industry.


Who were known as railroad giants?

Two of the most well known railroad giants were Edward H, Harriman and James Jerome Hill. Harriman was with the Union Pacific Railroad and Hill was associated with the Great Northern Railway.


Who were known as the railroad giants?

Two of the most well known railroad giants were Edward H, Harriman and James Jerome Hill. Harriman was with the Union Pacific Railroad and Hill was associated with the Great Northern Railway.


Why is Levi Coffin well known?

He worked for the Underground Railroad and he was also called President of the Underground Railroad


What was William Still best known for?

William Still was best known for his work as an abolitionist, historian, and conductor on the Underground Railroad. He helped countless enslaved individuals escape to freedom and documented their stories in his book, "The Underground Railroad."