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1K The Making of a Superpower: USA, 1865–1975

The Railroad Boom and Big Business in the Gilded Age

  • 3 things to know
  • Component 1

Overview

Recall questions on the transcontinental railroad, land grants and railroad magnates, Standard Oil and horizontal integration, farming the Great Plains and the Homestead Act, urban growth, trusts and holding companies, and the effects of laissez-faire.

What you need to know

Answer each one before you reveal it.

Your recallNot started
Key term

When was the transcontinental railroad completed and what did it connect?

Key term

When and where was oil first discovered in the United States, launching the petroleum industry?

Key term

Why did industrial employment drive urbanisation during the Gilded Age?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    When was the transcontinental railroad completed and what did it connect?

    Model answer

    The transcontinental railroad was completed in 1869, linking the East and West coasts of the United States.

  2. 2

    What were the economic consequences of completing the transcontinental railroad?

    Model answer

    The transcontinental railroad enabled rapid economic integration of the nation and accelerated western settlement by making transportation of goods and people across the continent faster and cheaper.

  3. 3

    How did federal land grants encourage railway expansion?

    Model answer

    The federal government gave railroad companies vast tracts of public land along their routes, which companies could sell to settlers to finance construction and generate profits.

  4. 4

    What role did immigrant labour play in building the railroads?

    Model answer

    Immigrant workers, particularly Chinese labourers on the Central Pacific and Irish workers on the Union Pacific, provided the essential workforce that built the transcontinental railroad under dangerous and difficult conditions.

  5. 5

    How did railroad magnates like Cornelius Vanderbilt and Jay Gould shape the industry?

    Model answer

    Railroad barons consolidated smaller lines into large systems, gaining control over vast transportation networks and wielding enormous economic and political power through their monopolistic practices.

  6. 6

    When and where was oil first discovered in the United States, launching the petroleum industry?

    Model answer

    Oil was discovered in Pennsylvania in 1859, beginning the rapid growth of the American oil industry.

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