Advantages and Disadvantages of Transcontinental Railroads

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10 Questions

What was a major downside of the increased productivity in factories before reforms?

Workers had to be stationary for long hours performing the same tasks.

What marketing advance appealed to middle class families in the late 19th century?

Mail order catalogs like Sears.

What business practice aimed at having sole control over an industry is mentioned in the text?

Monopolies.

What was a significant cause of the Panic of 1873?

Major bank failures due to investments tied to Rail Roads

How did the Panic of 1893 originate?

Crash in wheat prices leading to a burst bubble in the US

What conditions characterized the 'Labor of Our Discontent' during this period?

Long hours, low wages, no job security, and unsafe working conditions

What movement called for increased industrialization in the South?

New South Movement

How did farmers hope to ease their debt according to the text?

By advocating for silver to increase money supply

What did the Grange Movement aim to achieve through its cooperative organizations?

Facilitate sharing of farming techniques among farmers

Why did banks oppose farmers' plan to increase the money supply using silver?

Banks aimed to maintain control over the money supply

Explore the pros and cons of the Transcontinental Railroads in the United States from 1860 to 1910, including economic impacts, job creation, and challenges faced by workers and farmers. Learn about the increased productivity and industrial growth brought by the railroads, along with their negative effects on labor and shipping costs.

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