Q:

How did Cornelius Vanderbilt treat his employees?

A:

Quick Answer

Cornelius Vanderbilt apparently treated his employees badly, offering them very low wages and poor working conditions. Vanderbilt was perceived by his contemporaries as a ruthless character who spent too little time worrying about people's perception about him.

  Know More
How did Cornelius Vanderbilt treat his employees?
Credit: Collegiate Images Collegiate Images Getty Images

Full Answer

Vanderbilt was a 19th century business magnate who built his fortune in shipping and railroads. He was a self-made millionaire and a philanthropist who was known for his harsh character. Vanderbilt was one of the richest individuals in the history of America and founded the Vanderbilt University. At the time of his death in 1877, his net worth was $105 million, which was about 1/87 of United States Gross National Product.

Learn more in US History

Related Questions

  • Q:

    What was welfare capitalism in the 1920s?

    A:

    Welfare capitalism is the practice of companies providing their employees with good social conditions and benefits. One example of this from the 1920s is the Western Electric Company.

    Full Answer >
    Filed Under:
  • Q:

    How did pioneers treat burns?

    A:

    Burn treatments used by pioneers in America are as diverse as the pioneers themselves, coming from a myriad of cultures. It is important to keep a burn sealed and moisturized, so many pioneers used egg whites to coat the burn. Some turned to axle grease, which was made of animal fat and beeswax thinned with turpentine, to create a sterile seal.

    Full Answer >
    Filed Under:
  • Q:

    How did the French treat Native Americans?

    A:

    The French initially had a peaceful relationship with Native Americans, and they often traded with them and engaged in intermarriage. However, even though the French primarily made peaceful attempts to promote Franco culture among Native American tribes, there were occasions when they forcefully removed them from their land and employed the use of slavery.

    Full Answer >
    Filed Under:
  • Q:

    How did Henry Ford treat his workers?

    A:

    Henry Ford treated his workers with care, having implemented a $5 daily wage for the workers in 1914. The amount was almost twice the rate other car factories paid their workers. Ford believed that increasing the pay would make the workers happier and encourage them to work faster.

    Full Answer >
    Filed Under:

Explore