How did railroads impact the economy during this time?

Just as it opened the markets of the west coast and Asia to the east, it brought products of eastern industry to the growing populace beyond the Mississippi. The railroad ensured a production boom, as industry mined the vast resources of the middle and western continent for use in production.



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What are at least three ways that railroads affected the economy? Able to move supplies in and out, brought metals and produce to the East, allowed towns to be built around tracks, brought workers to the West.

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In what ways did the railroads help the nation's economy grow? Expanded the transportation system, carried raw materials to factories and then took manufactured goods from factories to markets. Also expanded the areas where people could live and work.

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Steel rails linked the farms and the mills. The railroads provided the efficient, relatively cheap transportation that made both farming and milling profitable. They also carried the foodstuffs and other products that the men and women living on the single-crop bonanza farms needed to live.

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Railroads became a major industry, stimulating other heavy industries such as iron and steel production. These advances in travel and transport helped drive settlement in the western regions of North America and were integral to the nation's industrialization.

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Railroads expanded significantly, bringing even remote parts of the country into a national market economy. Industrial growth transformed American society. It produced a new class of wealthy industrialists and a prosperous middle class. It also produced a vastly expanded blue collar working class.

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The railroads not only set in motion the combined forces of mass production, distribution, and communication under which the American economy grew by leaps and bounds, they also shaped the foundation of modern capitalism.

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The railroads accelerated the pace of the Industrial Revolution. New technologies, such as machine building and iron and steel production, advanced to meet the demands of railroad growth. By providing cheaper and faster freight delivery, the railroads helped create a new national market.

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Just as it opened the markets of the west coast and Asia to the east, it brought products of eastern industry to the growing populace beyond the Mississippi. The railroad ensured a production boom, as industry mined the vast resources of the middle and western continent for use in production.

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Answer and Explanation: The entire United States benefited financially from the joining of two railroads to form one transcontinental railroad. However, two industries benefited the most from the Transcontinental Railroad. Those were cotton and cattle.

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The completion of the railroads to the West following the Civil War opened up vast areas of the region to settlement and economic development. White settlers from the East poured across the Mississippi to mine, farm, and ranch.

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They unified countries, created great fortunes, enabled the growth of new industries, and thoroughly revolutionized life in every place they ran. Yet the human tolls for some projects were ghastly, with deaths of native laborers running into the tens of thousands.

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