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Unformatted text preview: Railroad changes everything Self-sufficient Government to discourage imports govt put 3% tax on imports o tariff centralization of money before Civil War there were regional economies Centralization o Trade o Monetary policy Homestead Act 1862 Develop land for 5 yrs get 160 acres of free land o Encourage people to move out West Federal Land Grant Colleges (UF) $65 million to build railroads during war 1/10 of US goes to railroads 40 miles of both sides of the track people began to build around railroad b/c it was the most convenient place to open a business railroads had a lot of power at this time o most good land went to railroad this was not Laissez Faire, but people considered it one & still do o govt can be involved as long as its promotional and not restrictive Expanding land = expanding liberty Oil was first discovered in Pennsylvania Light Railroad...
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