Describe the development and impact of railroad networks in the United States in the first half of the nineteenth century.

What will be an ideal response?


Answer: The ideal answer should include:
1. The railroad transformed the American economy during the 1840s and 1850s.
2. Commercial railroads began operation in the United States in the early 1830s.
During the 1840s and 1850s, rail networks extended beyond the northeastern and Mid-Atlantic states, driving many canals out of business.
3. Railroads had an enormous effect on the economy.
4. Because railroads required an enormous capital outlay, their promoters pioneered new methods for financing business enterprise.
5. Federal, state, and local governments all contributed to the railroad boom.

History

You might also like to view...

One weakness of the Social Security Act was __________.

a. the loss of local control as the federal government took control of the unemployment compensation program b. the divisiveness it garnered as demonstrated by the narrow margin by which it passed Congress c. its exclusion of groups who most needed protection in their old age, such as farmers and domestic servants d. the burden on the federal budget due to the high monthly pensions given to the elderly

History

Li Bo

A. was the founder of the Ming Dynasty. B. was a historian during the Song Dynasty. C. was a sober Confucian civil servant. D. wrote a poem entitled "Drinking Alone in Moonlight." E. defeated the Mongols at Wuhan.

History

Where was the birthplace of industrialization in Britain?

a. London. b. Manchester. c. New Lanark. d. Yorkshire. e. Salisbury.

History

According to William Graham Sumner, Social Darwinism justified all of the following except

a. great fortunes. b. use of the police or army to break a strike. c. business methods regarded as underhanded by moralists. d. refusal to aid the poor in hard times. e. all of these choices.

History