His. paper one.docx - Teri Harrell The Railroads decisively...

This preview shows page 1 - 2 out of 3 pages.

Teri HarrellThe Railroads decisively shaped American development in the late 19th century.Describe the challengesentailed in building the railroads and the solutions devised as well as the impact of the growth of therailroads on society as a while.Obviously, the economic impact was the greatest and most immediate,but do not neglect things like the political implications.Beginning In the 1850s, railroads were a faster and more efficient way of travel. During thereconstruction, railroads were one of the main economic developments of the period. The advantage ofthe railroads is that you could ship crops and manufactured goods rapidly and cheaply. They had betterspeed than a person or steamboat could provide. They were able to travel through all-weather, andultimately was the superior technology of the time. Furthermore, it led to the development of thetelegraph. Which was a communication device unforeseen that allowed for instant communicationbetween railroads and allowed for them to create coordination between them. Also, businesses couldemerge for example in the south was L&N and Southern R&R and, in the north, New York CentralRailroad. In the early 1870s is where railroad construction grew dramatically, in 1850 there were about10,000 miles of rail net, by 1890 is about 200,000 miles of rail net. In 1869 pushed by Abraham Lincolnthe first continental railroad was completed, linking California to the rest of the country. Over the next 30years, four more continental railroads would be built. Furthermore, railroads laid the way to how a vastfuture business would be run. Also due to the railroad's population grew tremendously from the smalltowns/cities that were developed around the railroads.Other than war railroads are extremely hard to manage. One of the problems faced was theorganization of the railroads. Capital played a major part in this, railroads required huge upfrontinvestments, which were typically millions of dollars. The challenge was that you couldn’t build on torailroads, for example, you couldn’t lay a few miles of a track then pay to lay more.You had to have allthe money upfront. Which made it very hard that’s why railroads were financed by many corporations.

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 3 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Spring
Professor
Zhang
Tags
Rail transport, Locomotive

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture