Professional Documents
Culture Documents
Westward Expansion - Economy
Westward Expansion - Economy
● Railroad
● MIning
● Ranching
Government did want to complete the transcontinental railroad to connect the already
developed west coast to the east coast
● California gold
● Montana gold
● Idaho gems
To help with settlement of great american desert, railroad companies where given land to build
the railroads
● CHeckerboard pattern
● Corrupt, curves etc
Railroad industry contributes to the creation of the coal and steel industry
Mining industry
● Discovery of goods
○ Attracted settlers
● Eventually big companies would buy land for gold deposits
○ Future ghost towns were established to house workers
Farming industry
● Less farmers, more land
○ Improved technology
■ Less need for workers
○ Old employs migrated to cities for jobs
● Loans taken out to buy farming technology
● Every growing season farmers take out loans
○ Pay back once they sell crops
○ Collateral would be their farm
● Railroads companies would charge farmers to ship goods to cities
● Lowered price of grain
● Grain elevators (silos) also cost farmers to store their goods
● As food prices decrease, farmers struggled to make a profit
○ BEtter to sell what they have at a lower price, rather than not at all
● To fight back
○ Established the Grange
■ Better education for farming practices
■ Lobbying the government
● Farmers’ Alliance
○ Established cooperatives
■ BUying silops together rather than use grain silos
○ Lower tax
○ Federally regulated
○ Silver
○ Federal loams
○ Federal crop storage
○ ALl to make it easier for farmers to make a profit