In the 1860s, he shifted his focus to the railroad industry, where he built another empire and helped make railroad transportation more efficient. When Vanderbilt died, he was worth more than $100 million.Apr 16, 2010
Family: Vanderbilt family
Spouse: Sophia Johnson, Frank Armstrong Crawford Vanderbilt
Died: January 4, 1877, Manhattan
Born: May 27, 1794, Staten Island
Answer:
Mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports and so involved increasing trade
Answer:
The power not delegated to the United States by the constitution are reserved to the states
Explanation:
Federalism is a system of government that created one central government along with several states that work under the management the central government. One characteristic of a federalism is the existence of division of power between the federal government and the states government.
The phrase excerpts from the constitution proof the existence of that division of power. With the exception of several key issues that might affect the nation as a whole, the states government tend to be given with a freedom to manage their own without the intervention from the central government.