Serfs were mostly peasant farmers who provided labor in their masters land. Peasants would pay the lord by working for them in exchange to use their lords land to generate their own food. Serfs did not have money. they were basically slaves. They would work at least three times a week. The serf was bound to work in a single manor. The status of serf was passed down to their children.
The Homestead act promised free land to settlers on the western frontier. It promised ownership of a 160-acre tract of public land to a citizen or head of a family who had resided on and cultivated the land for five years after the initial claim. $6.00. ... The Homestead Act would provide settlers to occupy the new lands.
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The rise of corporations after 1865 was partially caused by the rising and booming capitalism which saw that very large structures and companies needed a different way of self-organization. For that reason organizations emerged as natural entities.
C. Controlling trade between Asia and Europe
