Railroad Monopolies; this essay covers the railroad monopolies and how they were dealt with.

Railroad Monopolies

A monopoly is when superstar person or group has exclusive get over over something. A modern day example of a monopoly is Microsoft. Microsoft completely dominated the computer market by exploitation their dominance and billions of dollars from the personal operating systems and credit line applications to develop products for multimedia, business operating systems, and now even games and on-line services. People in the late in 1800s dominated and abused other things, such as railroads. Railroad companies could charge a farmer re onlyy high just to transport their crops a short blank space and the farmers could not do anything about it. The railroad monopolies of the 1800s were very risky and nearly controlled the way every westerner performed their business and lived their lives.

Colonel keister Stevens was the man who came up with the idea of constructing a railroad. He wrote all of his ideas on the railroad in a journal title Documents tending to prove the superior advantages of railways and steam carriages over channel navigation. Some of the first railroads were not automatically ran on trains, however with horse pulling carts along tracks. The first railroad was constructed in 1826 which only covered a span of about triple miles. On Christmas Day, 1830, the South Carolina Canal and Railroad Company undefiled the first mechanical rider train.



This day marked the descent of the modern railroad industry. This industry would run every westerners tone for many decades to come. (Small)

Within twenty years of the first mechanical passenger train, over 9000 miles of track had been laid down across the fall in States. Although this may seem like a lot, not one track spanned more than a few miles. Soon versatile railroad companies started to cooperate with one another to maximize their overall profits. These few companies that were cooperating...

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