HIST 2057 : HIST EXAM 1
Document Summary
Railroads in the south: dramatic increase of railroads in south, southern railroads face more difficulties because population density is much less in the south, less clear where railroads should go. A new south: yes, economically it is different without slavery, less reliant on agriculture, better railroad network, rising of their first city, sunbelt cities don"t come until later which help south catch up. Central pacific (credit and finance corp. ) investors: started building from the west, cp formed another company: credit and finance. Corp: small group of investors, the companies agreed to building the railroads but wanted a profit from it, the bill authorized the companies to build the railroad and the. Supply miners and get access to minerals businesses: railroad would help to increase the industry of mining by helping them provide the equipment and miners they need, be able to access what they are getting out of the.
