The railroad opened the way for the settlement of the West, provided new economic opportunities, stimulated the development of town and communities, and generally tied the country together.
How did railroads change the US economy?
The railroad opened the way for the settlement of the West, provided new economic opportunities, stimulated the development of town and communities, and generally tied the country together.
How did railroads change the West How did these railroads affect the economy?
How did the transcontinental railroad affect the economy quizlet?
How did the transcontinental railroad affect US commerce? The railroad increased commerce by making shipping easier and cheaper. iron and machinery. Due to the railroads, American settlers were able to travel west in larger numbers.
Why did the railroad lead to more people moving west?
Eastern businessmen could now sell their goods to California citizens. As a result of improved transportation all Americans had access to more goods at a cheaper price. The westward movement was greatly accelerated. Those seeking a new start in life could much more easily "go west.".
What were the effects of the railroad on the economy?
Just as it opened the markets of the west coast and Asia to the east, it brought products of eastern industry to the growing populace beyond the Mississippi. The railroad ensured a production boom, as industry mined the vast resources of the middle and western continent for use in production.