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The Rest Is History cover image

427. Titanic: The Tragedy Begins (Part 1)

The Rest Is History

NOTE

Establishing Market Dominance and German Competition in Shipbuilding Industry

American capitalists in the early 1900s aimed to establish market dominance and fix prices, but faced competition from British-sponsored QNAD and German companies such as Hamburg America and Nord Deutschert Lloyd, reflecting the growth of the German industry in areas like science and engineering. By 1903, German companies had the four fastest ships in the world, named with patriotic German themes like Imperator, Vartiland, and Bismarck.

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