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Fortunes were made, many due to land sales alone, while others were created by profits made by railroadcompanies =)
transfared...
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∙ 13y ago
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What was the incentive for settling in the west?
The award of large land grants to the railroads
What were some effects of rapid growth of railroads?
Some effects of rapid growth of railroads were increased trade and faster military transportation. In addition, the banks ran out of loans cause of how rapidly they grew and left the farmers poor.
The federal government provided assistance to the railroads in the form of and?
land grants and loans
The federal government provided assistance to the railroads in the form of?
Transportation land grants and loans
Why did farmers demand regulation of the railroads?
The farmers demanded regulation of the railroads because the railroads were abusing government land grants and taking away land from the farmers. High rates were also being changed for transportation.
How did the railroads raise most of the money they needed to build their railroad?
Selling government land grants
How did the location of federal land grants to railroads influence the growth of the west?
By growing cash crops west
How did railroad companies raise most of the money they needed to build their railroads?
Selling government land grants
Why did the federal government provide land grants to companies to build railroads west?
It was because they needed railroads so they could of transport stuff that they needed from the west.
To help extand railroads accross the nation the government gave what to the people?
The government gave land grants to people to help extend railroads across the country.
How did the government factilitate the expansion of the railroads?
One thing the government did to facilitate the expansion of the railroads was by giving land grants to railroad companies. The government also provided loans.
How was the transcontinental railroad financed?
The transcontinental railroads was financed by the Railway Act of 1863, which financed the construction of the railroad through loans and land grants.
