In the 1800s, the federal government paid railroad companies for each mile of track built. This payment scheme created incentives for railroad companies to lay track:

Name: In the 1800s, the federal government paid railroad companies for each mile of track built. This payment scheme created incentives for railroad companies to lay track:
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The payment scheme incentivized railroad companies to lay track over longer, more indirect routes to maximize the payment received per mile of track built.

In the 1800s, the Federal Government Paid Railroad Companies for Each