1. The Business Of Railroads
... bankrupt from competition and poor economic conditions, slowing expansion again. The construction of the railroads from the Midwest to the Pacific coast was a very noteworthy event in the short time after the Civil War. No less important, in terms of the national economy, was the simultaneous development of an impressive rail network that connected virtually every important community west of the Mississippi with Chicago. The railroads appeared to be ruthless in exploiting their powerful position, both ... in the West and the Midwest: they fixed prices to suit their convenience ... ...
- Word Count: 1344
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate