THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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providing price supports for farm products
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maintaining free and unlimited coinage silver.
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offering low interest loans to businesses
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granting land to railroad companies
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Detailed explanation-1: -Urbanization, industrialization, immigration, the ferment of populism and labor struggles, the expansion of education, the settlement of the West and the end of the frontier, and the emergence of women’s professions created a more diversified and complicated setting for the equal rights struggle.
Detailed explanation-2: -Railroads became a major industry, stimulating other heavy industries such as iron and steel production. These advances in travel and transport helped drive settlement in the western regions of North America and were integral to the nation’s industrialization.
Detailed explanation-3: -To help develop the American West and spur economic growth, Congress passed the Homestead Act of 1862, which provided 160 acres of federal land to anyone who agreed to farm the land. The act distributed millions of acres of western land to individual settlers.
Detailed explanation-4: -To encourage development of rail lines westward, the government offered railroad companies massive land grants and bonds. Railroads received millions of acres of public lands and sold that land to generate money for the construction of the railroads.