His election caused a secession crisis because he had no votes from southern states which caused a political divide.
A, economy boomed during WWII but gas and food were rationed for soldiers
The 1920’s was marked by drastic events in the U.S economy.
After a decade of very high economic growth and boom in manufacturing (the
Roaring Twenties), the Wall Street stock market began to slide down on October
24, 1929, and by November stock prices lost as much as 40% of its value. The
drop was caused by overproduction of agricultural produce. The resulting
oversupply caused farmer’s incomes to drop. People also purchased stocks using
borrowed money,which contributed further to the slide.
Answer: it provided 6,400 acres of land for each mile of track laid.
The Pacific Railroad Act was a law which primary objective was to create a transcontinental railroad. To accomplish this, railroads companies were given <em>government bonds</em> as well as <em>grants of land</em> to work with.
Sections 2 and 3 of the Act, established the acquisition of rights of way, to the Company that laid the tracks.
The first one, conceded <em>both the rail itself and 200 ft of public land away from it, for each side.</em> The second one, <em>added 10 square miles to the prior,</em> whenever the rails were not crossing rivers or went through cities.
This was specified in the Act with the <u>following phrase:</u> <em>"five alternate sections per mile on each side of said railroad, on the line thereof, and within the limits of ten miles on each side"</em>.
On the other hand, loans from $16000 per mile of flat prairie railroad were authorized up to $48000 when companies worked in a mountain.
