The Rise of Cornelius Vanderbilt Quiz

What was the nickname given to Cornelius Vanderbilt due to his association with shipping?

• The King of Railroads

• The Commodore

• The Railroad Baron

• The Railway Tycoon

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9-12.USH.15

What did Cornelius Vanderbilt invest in heavily after selling all his ships?

• Oil drilling

• Railroads

• Automobile manufacturing

• Real estate development

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9-12.USH.15

What did Vanderbilt do to assert his dominance over his rivals in the railroad industry?

• Offered to buy out their companies

• Blocked the only rail bridge into New York City

• Launched a smear campaign against them

• Sued them for patent infringement

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9-12.USH.15

What did Vanderbilt do when his competitors tried to sell all their shares in a panic?

• He offered to merge his company with theirs

• He filed for bankruptcy

• He bought all the shares at rock bottom prices

• He sold all his own shares

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9-12.USH.15

What was the name of the monumental station that Vanderbilt envisioned to symbolize his immense power?

• Union Station

• Vanderbilt Terminal

• Grand Central Depot

• Railway Central

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9-12.USH.15

What did Jay Gould and Jim Fisk do to thwart Vanderbilt's attempt to gain control of the Erie Line?

• They launched a smear campaign against Vanderbilt

• They printed new shares of stock to dilute Vanderbilt's stake in the company

• They offered to sell the company to Vanderbilt at a high price

• They filed a lawsuit against Vanderbilt for hostile takeover

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9-12.USH.15

What was the value of the watered down stock that Vanderbilt bought from Gould and Fisk?

• $100 million

• $10 million

• $7 million

• $1 million

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9-12.USH.15

What did Vanderbilt do after being outsmarted by Gould and Fisk?

• He accepted defeat and sold his shares

• He filed a lawsuit against Gould and Fisk

• He sought revenge by launching a hostile takeover of another company

• He retired from the railroad industry

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9-12.USH.15

What industry did the growth of railroads propel in America?

• Mining

• Industrial economy

• Agriculture

• Textile manufacturing

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9-12.USH.15

What did the construction of Grand Central symbolize for Vanderbilt's railroad empire?

• Its focus on luxury travel

• Its dominance over the entire country

• Its commitment to environmental sustainability

• Its expansion into new territories

Tags

9-12.USH.15