-
A railroad that would span the continent and connect the Atlantic and Pacific coasts
Transcontinental railroad
-
Financial aid and grants from the government
Subsidies
-
"The People's Party", formed as a response to farmers' demands after the Civil War
Populist Party
-
Land act that allotted up to 160 acres to settlers at $1.25/acre, settlers had to live on homestead for five years and make improvements/farm the land
Homestead Act
-
Land act that was passed by the government that set aside land to build the transcontinental railroad
Pacific Railway Act
-
Came to US for gold rush, eventually worked Central Pacific RR, 11000 total, many Chinese worked on blowing up Sierra Nevada Mountains in the West, nearly 1200 died
Chinese Immigrants (RR)
-
Location in Utah where the Union Pacific RR and Central Pacific RR met, transcontinental RR was completed May 10 1869
Promontory Point
-
Negative term for a wealthy industry leader, robber barons made their money in an allegedly corrupt way, they used their wealth to take control of industries (ex: railroad, steel, oil)
Robber baron
-
Founded Standard Oil Company, required large amounts of oil refineries, used "horizontal integration" to dominate the oil industry
John Rockefeller
-
Combining competing firms into one corporation
Horizontal integration
|
|
