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)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
1
Q

What was the governments role in RR development

A

Virtually non existent

Government took a “Laissez faire” hands off approach

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
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)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What is the nickname of the governments assistance to RR speculators

A

Corporate welfare

How well did you know this?
1
Not at all
2
3
4
5
Perfectly