The transcontinental railroad had a huge impact on the economy. The transcontinental railroad allowed for the transportation of goods over long distances. This was especially helpful for the industrial north at the time. By the 1890s, the United States was becoming an urban nation, and railroads supplied cities and towns with food, fuel, building materials, and access to markets.
persistent high inflation combined with high unemployment and stagnant demand in a country's economy.
Tobacco continued to be the cash crop of the Virginia and of Carolinas throughout the seventeenth and eighteenth centuries.
