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Demand for more beef back East.
Innovations in the computer industry contributed greatly to the economic boom of the 1990's.
The city of Iquitos also called the Louis of the Amazon developed in response to the boom of the industry of rubber. The rubber boom occurred largely between 1879 to 1912.
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Four common indicators of a prosperous economy would include a low unemployment rate, a boom in the mortgage industry, an increase in real estate sales and an increase in activity on Wall Street. The last economic boom in America happened during Bill Clinton's presidency.
After the American Civil War, which was around 1865.
Demand for more beef back East.
Expansion and the railroad system lead to the boom in the cattle industry. Drought, diseases, a decline in demand, and a harsh winter that killed thousands of heads of cattle all contributed to the bust.
In the late 1880s, Kansas state was closed to Texas cattle for 4 months disrupting the flow of beef from the south to the north. There were also issues with Texas fever quarantines which kept the cattle from travelling because no one wanted their herds getting infected. Settlers also made it very difficult to drive cattle as they demanded money for cattle to cross their lands.
The price of cattle was one factor that allowed cattle ranches to be so profitable during the boom period. Beef on the hoof was about $15 to $20 a head. Cattle were sought after to feed the thousands of immigrants that came to the United States looking for work and a better life.
The railroad was the advancement in technology that directly contributed to the cattle boom. Out in the west they created large cattle kingdoms.
The cattle boom occurred because people started to settle down after the Civil War. It became practical to own a lot of cattle at this time.
Investing in the cattle industry affects the industry as a whole because it can help develop new technology and fix problems that may plague the industry. It can also help make it easier for others to enter the market.
decline people in farms
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the coal industry, which began organizing in the early 1800s.
Many smaller towns prospered because of the cattle boom, because it brought the cattle herders and cowboys to town. When the cattle drive was finished, the cowboys were anxious to spend their money.