How did railroads transform American capitalism?

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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It made commerce possible on a vast scale. In addition to transporting western food crops and raw materials to East Coast markets and manufactured goods from East Coast cities to the West Coast, the railroad also facilitated international trade.

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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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Since the new residents of the West could not survive without the use of the railroads, they were forced to pay whatever rates the raildroad companies set. With these huge stores of capital, the railroad companies were able to finance political campaigns through whatever and whomever was needed in government.

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Answer and Explanation: Railroads contributed to urban growth during the Second Industrial Revolution by making travel times much quicker, allowing for more goods to be delivered in cities. This, in turn, helped with factory growth and transporting people in greater numbers on a more consistent basis.

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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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First, the increase in roads, canals, and railroads allowed Americans to move goods and people much faster and farther than ever before. Farmers in the western states could now sell their goods to people in eastern cities.

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Railroads led to the decline of cities by moving settlers to rural areas. Railroads helped cities grow by transporting goods and raw materials. Which reason best explains why urbanization happened in the United States in the late 1800s? Cities were clean, peaceful places to settle.

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The railroad monopolies had the power to set prices, exclude competitors, and control the market in several geographic areas. Although there was competition among railroads for long-haul routes, there was none for short-haul runs.

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In the United States, the most famous railroad monopoly was launched by Cornelius Vanderbilt, an early investor in railroads and water transportation. Starting with a single boat, the Vanderbilts eventually controlled an enormous empire of shipping and railway routes.

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