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USH (5:2) ● The Railroads ● Pacific Railway Act (1862) – Began railroad boom – Two companies offered as much land as they could take ● The Transcontinental.

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Presentation on theme: "USH (5:2) ● The Railroads ● Pacific Railway Act (1862) – Began railroad boom – Two companies offered as much land as they could take ● The Transcontinental."— Presentation transcript:

1 USH (5:2) ● The Railroads ● Pacific Railway Act (1862) – Began railroad boom – Two companies offered as much land as they could take ● The Transcontinental Railroad

2 (5:2)

3 ● Railroads create “time zones” (1883)

4 (5:2) ● Scandals in the Railroad Industry ● “Credit Mobilier” (1872) – Construction company created by several stock holders of Union Pacific Railroad

5 (5:2) ● Robber Barons ● Corrupt railroad and business owners

6 (5:2) Famous Robber Barons ● John D. Rockefeller – Standard Oil

7 (5:2) ● John Jacob Astor – Fur, real estate

8 (5:2) ● Andrew Carnegie – Steel

9 (5:2) ● J.P. Morgan – Banking, steel

10 (5:2) ● Milton Hershey – Chocolate

11 (5:2) ● Andrew Mellon – finance


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