What was one reason the United States government gave subsidies and land grants to railroad companies in the 1800s?
A) to prevent railroads from going bankrupt
B) to help create well-paying jobs for more people
C) to convince banks that railroads were good investments
D) to create railroad networks that spanned the entire country
The answer is C. to convince banks that railroads were good investments By giving grants, railroad companies will gained a certain control for specific territories for the railroad building process. Banks will saw this as an opportunity to invest because it guarantee positive cashflow for the companies in the future.Â
