The ability to finance the building of the railroad with money received from federal land grants
A) allowed the rail operators to come through an economic depression without bankruptcy.
B) caused the operators to be extravagant and sometimes even corrupt.
C) meant that the railway operators could pay their workers much higher average wages.
D) made the rail lines be conservative with operating costs.

Question

Quizplus · Accepted Answer

Federal land grants to railroad companies often led to extravagant and sometimes corrupt practices as these companies sought to maximize the benefits from such grants. This included over-speculation and manipulation of land and resource values.

The Ability to Finance the Building of the Railroad with Money