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My project is on Railroad Tycoons, they were rich stock owning millionaires who owned and invested in the railroad companies that were hoping to transport the nation to the west. ... This was the first step into railroads being a profitable investment and also these men who funded the companies were the first tycoons in America at the time. ... His idea was for there to be a railroad stretched across the country. This project was called the Transcontinental Railroad and in order for it to work the Union Pacific line would built westward from Nebraska and the Central Pacific line would have to build Eastward through the Rocky mountains and the two would meet in between. ... Vanderbilt was a shipping company owner and had already had a fortune, and once the railroad came about he decided to invest some money and still having plenty to spare. ...
Towards the end of the 1800’s all the men who had already made their fortunes in things such as gold, canals and other ways, began to buy up railroad companies and buy out others to merge them as one railway. ...
The railroad revolution was roaring into the 19th century at full force until the era of the Great Depression came and turned these rich tycoons into men trying to save what they could like everyone else until eventually their estates were being sold and their railroad companies being taken over by the government who runs them today.
In conclusion, the railroad was an invention that shaped the nation we live in today.
Approximate Word count = 1330 Approximate Pages = 5.3 (250 words per page double spaced)
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