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Titanic’s True Cost in 1912 | Budget, Time & Financial Loss Explained
How much did the Titanic really cost… and how much was lost when it sank?
RMS Titanic was one of the most expensive ships ever built in its time.
Construction began in 1909 and took nearly three years to complete.
By 1912, the total cost of Titanic reached around 7.5 million dollars — an enormous amount for that era.
But on its very first voyage, the ship was lost in the Atlantic Ocean.
Along with it, millions of dollars in cargo, luxury interiors, and passenger belongings disappeared beneath the sea.
Although insurance covered part of the damage, the White Star Line still suffered heavy financial losses, and the disaster changed maritime safety laws forever.
This short video breaks down:
Titanic’s construction cost
How long it took to build
And the financial impact after the sinking
💬 Do you think Titanic was worth its cost? Tell us in the comments.
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