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Q: What does consolidation and railroad baron have in common?
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What is a railroad baron?

Cornelius Vanderbilt. He was the most powerful "railroad baron." He earned his fortune in steamship lines and then began to buy up railroad lines in New York State.


Who was the most powerful railroad baron?

J. Pierpoint Morgan


Why were the railroad barons successful?

railroad barons were created because the industry consolidated. Consolidation made the large companies more efficient..


How did railroad consolidation impact the industry?

Railroad consolidation was a business principle during the industrial revolution in the United States. This allowed the American people to speed up transportation, with both goods and human transportation. This allowed the economy to continue to flourish.


Who created the most powerful railroad baron of this period?

Cornelius Vanderbilt


What is the common noun of baron or baroness?

baron


What is the responsibility of the Federal Railroad Administration?

The Federal Railroad Administration within the Department of Transportation deals with safety issues surrounding the industry, rehabilitation of rail passenger services, consolidation of federal funding


Who brought the railroad to Miami?

Julia Tuttle, a local citrus grower convinced Henry M. Flagler, the hotel baron and railroad tycoon to expand the Florida East Coast Railroad to Miami. He made it a railroad hub, dredged the harbor, began a recreational center, and promoted tourism.


What impact did the railroad consolidation on the industry?

More railroads caused business to be able to transport goods quicker, easier and did not have to spend too much money


What is railroad consolidation?

During WWI the government took over the railroads and ran it as a single system to improve rail road transportation for the duration of the war.


What has the author Stuart Daggett written?

Stuart Daggett has written: 'The structure of transcontinental railroad rates' -- subject(s): Freight, Railroads, Rates 'Railroad consolidation west of the Mississippi River' -- subject(s): History, Mergers, Railroads 'Chapters on the history of the Southern Pacific' -- subject(s): Southern Pacific Railroad


Was Charles crocker a robber baron?

Charles Crocker was considered a robber baron, as he amassed considerable wealth and power through the Central Pacific Railroad, often through unethical business practices such as exploiting workers and engaging in corruption. He was one of the "Big Four" railroad tycoons in the late 19th century who controlled much of the railroad industry in the United States.