In the year of 1873, Vanderbilt encountered another event. The event is called the panic of 1873. The Panic of 1873 was a financial crisis that triggered a depression in Europe and North America that lasted from 1873 until 1879. During the Panic of 1873, Vanderbilt ordered the construction of the Grand Terminal in New York, because of this he influenced America socially. Vanderbilt influenced America socially because by ordering the contruction og the Grand Terminal in New York, he was able to help thousands of people bu giving them jobs, since during that time period there was a financial crisis in North America. In conclusion Vanderbilt encountered another event and because of this event he was able to influenced a lot of people in North
