How Did The Transcontinental Railroad Affect The Economy

The article, “Creating the System: Railroads and the Modern Corporation”, informs us all about the development of the transcontinental railroad and how it helped drive the nation west and also transformed western North America into a economy that had many opportunities. The railroads have always interested me when it comes to this period of time. What I learned from the reading that I didn’t know before was that the Western railroads were primary carriers of grain, other agricultural produce, livestock, coal, lumber and minerals. Also seeing the prices that the farmers shipped their products for, and what they paid for the freights rates was very interesting. Overall, if the railroads wouldn’t have been built in a time when there was so little

Railroads were faster and cheaper than canals to construct, and they did not freeze over in the winter. Steamboats played a vital role in the United States economy as well. They stimulated the agricultural economy of the west by providing better access to markets at a lower cost. Farmers quickly bought land near navigable rivers, because they could ship their products out to other countries. Due to the foreign trade it helped strengthen the trade relationship between New England and the Northwest. The transportation development had many positive economic changes in the United States.

Business growth on both sides of the country was expedited by a new form of cheap distribution into profitable, expanding markets. Easy transportation facilitated the concept of business travel and expansion on an unprecedented scale. However, some of the largest impacts of the Transcontinental Railroad can be seen through the cross­country exchange of ideas. Before the railroad existed, the only fast exchange of information was written through the pony express. The Transcontinental Railroad created an outlet of communicating new ideas and information in person. A smooth and swift cross­country exchange of people and ideas not only made America more infrastructurally sophisticated ­­ it acted as a foundation for the Western United States to grow from very little to the political, social, economic, and technological center that it is today.

The Transcontinental railroad purpose of being built was to cause positive things to happen in the US and positive things did result from the railroad. For example, westward expansion increased because of the railroad. One reason why western expansion increased because of the railroad was that travelers finally found a use for the Great Plains like how they found “millions of acres of fertile soil, land for cattle, and a land of opportunity even larger than the Lone Star State”(Doc 1). Because people found these uses of The Great Plains, people started to move rapidly west to take ahold of these opportunities. This was a positive for the US because now more people are moving west increasing westward expansion, starting businesses, and are farming in the Great Plains which helped boost the US economy. Another reason why westward expansion increased because of the railroad is there was land in the west and after the railroad was built it was for sale for very cheap prices (Doc 5). This was a positive because with more land for cheap price people started moving west but it also is creating more space for people to live and during this time many immigrants from many countries are coming to the United States looking for opportunities and the more people that came to the United States the more space they needed because they needed somewhere to live. So now that they have more land more people are able to settle in the United States in the west for cheap low prices.

Established in 1842, the US House & Senate Committees have looked back at the railroad and used it to advance the ways and means of transporting goods, supplies, mail, and people. Look at what it has done; it has served as an artery, moving what is needed throughout the entire nation from the Atlantic to the Pacific. From giving jobs to those minority groups and once former slaves after the Civil War, throwing the stock market and economy left and right, assisting Abraham Lincoln in winning elections and also winning the Civil War, helping rebuild the South and the nation’s economy from the bottom up during the reconstruction era, taming the Wild West (which has a major direct influence on the American Government System), serving as one of the best ways of getting mail to citizens across the US, and expanding intercontinental trade to have its own manifest destiny. This railroad had a significant affect in the growth of this nation and its government. It’s relationship and way it impacts the government is a result from multiple chain reactions that originated from the 1860s, 70s, 80s, etc. and I strongly believe, after all of my research, that our nations governmental system would be many decades behind if it wasn’t for the transcontinental

Once railroads were built, shipping by them became increasingly popular. Shipping domestically became cheaper and quicker, which elevated the U.S. economy. In Document E, the cost to ship by wagon is recorded to be twenty times the cost by railroad. Furthermore, the article describes wagon shipping “ was $1.77, while by rail it was less than a tenth of that amount.” Before the invention of the Transcontinental Railroad, trade was limited to wagons being driven for days on end. Few people considered the drive, so the price was high to ship. Besides high prices, canals were

For many American settlers, the Great Plains area didn’t spark much interest. But many were beginning to change their minds in the years leading up to the Civil War. As the Continental railroad was beginning to move westward, many were beginning to realize how wrong they were. “Settlers in Kansas found no desert, but millions of acres of fertile soil.”(DOC 1) Many settlers raced to the west to try to snag a plot of land in the west to hopefully start a new chapter in their lives. The transcontinental railroad also helped businesses boom by transporting goods much faster by the railroad. Also, the transcontinental railroad didn’t only transport goods to businesses, it also transported settlers from coast to coast. “After the transcontinental railroad was completed, it cost $150 and took one week. For the first time, U.S. Americans could freely travel from coast to coast. This radically changed both business and pleasure travel.”(How the Transcontinental Railroad Changed America) For many settlers, the transcontinental railroad was revolutionizing transportation. From delivering goods, to transporting people across the coast. We can all agree the transcontinental railroad

“In 1862 President Abraham Lincoln signed the Pacific Railroad Act into law. The act said that there were two main railroad lines. The Central Pacific Railroad would come from California and the Union Pacific Railroad would come from the Midwest. The two railroads would meet somewhere in the middle.”(Ducksters). Seven years later the Transcontinental Railroad is finished and you can now travel across the country with ease. The Transcontinental Railroad has impacted positive Westward expansion because The Transcontinental Railroad helped people move west and create jobs, The Transcontinental Railroad was the cheapest and fastest way to get westward, and The Transcontinental Railroad set the foundation for moving westward in the United States.

“If any act symbolized the taming of the Northwest frontier, it was the driving of the final spike to complete the nation’s first transcontinental railroad.”1 The first railroad west of the Mississippi River was opened on December 23, 1852. Five miles long, the track ran from St. Louis to Cheltanham, Missouri. Twenty-five years prior, there were no railroads in the United States; twenty-five years later, railroads joined the east and west coasts from New York to San Francisco.2

“Before the building of the Transcontinental Railroad, it cost nearly $1,000 dollars to travel across the country. After the railroad was completed, the price dropped to $150 dollars.”(History.com Staff). Prior to the railroad the average citizen of America could not afford to travel across the country cheaply. America waited for a means of transportation which would connect them from the Western to Eastern states. The responsibility of creating the railroads were left up to construction companies. Once this invention was created, traveling became quick, easy and affordable. The Transcontinental Railroad could be defined as the most significant change in America, during the 19th Century.

The Transcontinental Railroad was one of the most ambitious engineering projects, economic stimulants, and efficient methods of transportation in the early United States. If completed, the United States would be truly be united from east to west. The purpose of this paper is to examine how the Transcontinental Railroad helped develop new opportunities for many aspects of American life.

The transcontinental railroad was the most influential innovation of the United States, that brought a revolution of how people traveled. One year after the Civil War ended the people of the United States were looking for a way to unite their country back together. This helped mold the United States as to what it has become today. It helped people cross the country and improved how goods were transported. The man that was forming the transcontinental railroad was a merchant named Asa Whitney. He had asked the government for funding to construct one of the greatest innovation of the United States. “Two railroads, the Central Pacific starting in San Francisco and a new railroad, the Union Pacific, starting in Omaha, Nebraska, would build the rail-line.” (ushistory.org). One fear of building the railroad was the danger of the “Great American Desert” because of the lack of resources. The Central Pacific was primarily made by Chinese immigrants. The Union Pacific was primarily made up of Irish immigrants. By spring of 1866 the Central Pacific had only build 68 miles of track from Sacramento, while the Union Pacific going west from Omaha built 200 miles of track in less than a year. Therefore the Union Pacific made millions more. The next three years the railroads would continue to try and make history.

Railroads became extremely popular in America in the 1800’s. The railroad industry itself began to boom; it was supported by its reputation for speed and efficiency. But, along with the booming industry of railroads came the strong debate that

Soon other lines followed throughout the country. Railroads affected almost every aspect of American life. The rapid spread of the railroads provided the basis for a tremendous westward movement of population. It also carried raw material to, and finish product from factories to consumers in a more efficient way (The USA online, n.d.). The railways became highly profitable business for their owners.

Transportation was one challenge the railroad fixed. People could now travel and discover the frontier faster. Trade was also increased once the tracks were finished. Many could now take their items to new areas to make trades. Another nuisance that the transcontinental railroad corrected was the communication gap. Settlers were often isolated, so when the railroad was completed other settlers would meet up to chat and help one another out. The last major impact the completion of the transcontinental railroad created was the opportunity for new jobs. Silver mining in Comstock Lode, Nevada and gold mining in the Black Hills created many jobs for settlers. Railroad companies may have helped the United States, but they would capitalize off of the government. These companies did so through the Pacific Railway Acts. The Pacific Railway Acts provided loans and land grants to railroad companies in order to help the companies raise money for the construction of new railroads. In return the government would get discounted rates to send troops and mail. By the end of these acts, “Congress and granted over 131 million acres of land to railroad companies.” (Holt McDougal, 590). The transcontinental railroad had improved many things, but that’s not all this railroad