Which Of The Following Federally Chartered Corporations Did The Union Create To Build The Transcontinental Railroad?

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Question Answer Which of the following federally-chartered corporations did the Union create to build the transcontinental railroad?

Union Pacific and Central Pacific
Taxes enacted by the United States Congress to help finance the Civil War Included a new income tax

Which of the following federally chartered corporations to the union create to build the transcontinental railroad?

It authorized creation of two companies,

the Central Pacific in the west and the Union Pacific in the mid-west

, to build the railroad. The legislation called for building and operating a new railroad from the Missouri River at Council Bluffs, Iowa, west to Sacramento, California, and on to San Francisco Bay.

Which of the following was a Union advantage over the Confederacy during the Civil War?

The Union had many advantages over the Confederacy.

The North had a larg- er population than the South

. The Union also had an industrial economy, where- as the Confederacy had an economy based on agriculture. The Union had most of the natural resources, like coal, iron, and gold, and also a well-developed rail system.

Who were the Copperheads quizlet?

Terms in this set (51) The Copperheads were

a vocal group of Democrats in the Northern United States

(see also Union (American Civil War)) who opposed the American Civil War, wanting an immediate peace settlement with the Confederates.

What did the Confederacy primarily use to finance its effort in the Civil War?

The Confederacy financed the Civil War primarily by

printing paper money

.

How were the railroad companies paid?

In most cases, a contract for construction of a given amount of mileage would be made between the railroad and some individual, who then assigned it to the construction company. Payment for completed sections of track went to the railroad, which used the

funds to pay its bills to the contractors

.

Who helped build the transcontinental railroad?

From 1863 and 1869,

roughly 15,000 Chinese workers

helped build the transcontinental railroad. They were paid less than American workers and lived in tents, while white workers were given accommodation in train cars.

What advantage did the Confederacy have?

What advantages did the Confederates have? They began the war with able generals. They had

the advantage of fighting a defensive war

. This meant the Northern supply lines would have to stretch very far because the Union soldiers would have to travel into the South.

Why was the Union successful in the West?

Why the Union was successful in the West during the Civil War?

The Union took a defensive stance in the West. The Union had more troops than the Confederacy in the West

. The Union was fighting in very familiar territory in the West.

Why did the Union eventually win the war?

The Union’s

advantages as a large industrial power and its leaders’ political skills

contributed to decisive wins on the battlefield and ultimately victory against the Confederates in the American Civil War.

Who were the Copperheads fighting for?

In the 1860s, the Copperheads, also known as Peace Democrats, were a faction of Democrats in the Union who opposed the American Civil War and

wanted an immediate peace settlement with the Confederates

.

Why did Copperheads oppose the war?

Copperheads, or Peace Democrats, opposed the Civil War

because they believed it was unjustified and being waged in an unconstitutional manner

. Moreover, they came to believe that the benefits of winning the war were not worth the cost.

Who were known as Copperheads?

Illinois Copperheads and the American Civil War. Copperhead was a pejorative epithet applied to

Northern members of the Democratic party

, also known as Peace Democrats, who criticized the presidential administration of Abraham Lincoln for its war policies and who sought an armistice with the Confederacy.

How did the South finance the war?

The Confederacy soon

turned to issuing bonds and printing money to

finance the war. The leniency of Confederate banks during the war encouraged speculation. In 1861, the Confederate dollar was worth 90¢ in Union dollars; by the war’s end, it was worth.

What was the cost in dollars of the war for the Confederacy?

Surviving Confederate records indicate 194,026 wounded. In dollars and cents, the U.S. government estimated Jan. 1863 that the war was costing $2.5 million daily. A final official estimate in 1879 totaled

$6,190,000,000

.

How did the South fund the war?

The Confederacy adopted three strategies to raise money in the Civil War. The first

option was levying taxes on the people of the South

. The second solution was issuing bonds that people bought. The last option that had adverse consequences was printing money.

Rachel Ostrander
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Rachel Ostrander
Rachel is a career coach and HR consultant with over 5 years of experience working with job seekers and employers. She holds a degree in human resources management and has worked with leading companies such as Google and Amazon. Rachel is passionate about helping people find fulfilling careers and providing practical advice for navigating the job market.