Big Business

2. Because of the transcontinental railroad, the United States
now had more than 160,000 miles of railroad track.
Also, because so many people and businesses relied on the
railroad companies to travel and move supplies, these companies
became one of the nation’s first large corporations.
By providing links between cities, farms, factories, and mines
across the United States, railroads helped the United States
economy grow.
Also, “Big Business” encouraged the US government to continue
an open immigration policy in order to help their
businesses to become even larger.

3. During this time,
many businesses became corporations.
Remember
A corporation is a company owned by people
who invest their money in the company in
hopes of receiving a dividend if the company
makes a profit.

6. Andrew Carnegie John D. Rockefeller