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In the 1800's, railroad companies raised the money they needed by selling government land grants.

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How did railroad companies raise most of the money they needed to build railroads from?

Sold bonds to "the public".


How did railroad companies raise most of the money they needed to build their railroads?

Selling government land grants


Railroad companies raised most of the money they needed to build their railroads from what?

Railroad companies primarily raised the money needed to build their railroads through the sale of bonds and stocks to investors. They also received substantial government land grants and loans, which helped finance the construction and expansion of railway lines. Additionally, some companies secured financing through private investments and partnerships. Collectively, these funding sources enabled the rapid growth of the railroad industry in the 19th century.


In the second half of the 1800s what did the federal government encourage in the building of transcontinental railroads?

Railroad Builders received loans and grants from the federal government.


How did the railroad companies get land and money to build the railroads?

what is a fault


how did railroad companies get land and money to build railroads?

what is a fault


How did the railroads raise most of the money they needed to build their railroad?

Selling government land grants


What did Cornelius Vanderbilt had a monopoly on?

He controlled all of the steam ship companies and all of the railroad companies and made over 2,000,000,000 in modern day money


Why did railroad workers move to the west?

they were chinese,mexicans, and americans who needed money


What role did the railroad companies play in attracting Europeans to the West?

* From 1850-1870 the US government gave millions of acres of public land to railroad companies to encourage them to build more rail. * To make more money the railroad companies resold much of that land to settlers. * They sent land agents to Europe to advertise the idea of settling on the Great Plains, and to buy the land from the Railroad companies. Their pamphlets proclaimed "Land for the Landless, Homes for the Homeless!" * Land sales made the railroad companies rich and supplied new customers for railroad services


Did slaves need money to travel north?

No, they just needed it to be night time and to get to Kentucky and go to the under ground railroad.


What railroad tycoon was know for consolidating railroads?

Jim Fisk ^That answer is wrong! One business man known for the money he made as a railroad tycoon is Cornelius Vanderbilt. He is known for making a fortune by consolidating railroad companies to get rid of competition and have greater control of price.