Government Role In RR Development Flashcards
0
Q
How did the government drop the ball in RR development?
A
Do not provide a blueprint of RR network
Did not develop a standard rail gauge (all the trains ran on different tracks)
1
Q
What was the governments role in RR development
A
Virtually non existent
Government took a “Laissez faire” hands off approach
2
Q
How did the government assist RR speculators
A
Government gives grants of cash to railroad developers (to encourage them to build railroads)
Government gives them land grants (5 miles out on each side of the track)
3
Q
What is the nickname of the governments assistance to RR speculators
A
Corporate welfare