asked 200k views
16 votes
How did the U.S. government encourage the growth of the railroad industry in
the late 1800s?

2 Answers

7 votes

Answer:

state and US government subsidy bonds

public lands provided by extensive US land grants

Step-by-step explanation:

The rail line was built by three private companies over public lands provided by extensive US land grants. Construction was financed by both state and US government subsidy bonds as well as by company issued mortgage bonds.

wikipedia

answered
User Michael Bedford
by
8.8k points
1 vote

Answer:

The government encouraged the building of the transcontinental railroad by passing the Pacific Railway Act in 1862 and by offering land to railroad companies for every mile of track laid by that railroad company.

Step-by-step explanation:

answered
User Donato Pirozzi
by
8.7k points

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