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What did the Pacific Railroad Act of 1862 do?

- [ ] Established the Pacific Railroad
- [ ] Established the Central Pacific Railroad
- [ ] Gave land to railroad companies
- [ ] Gave loans to railroad companies



Answer :

Final answer:

The Pacific Railroad Act of 1862 established the Pacific and Central Pacific Railroads, providing loans to railroad companies.


Explanation:

The Pacific Railroad Act of 1862 was a significant piece of legislation that:

  • Established the Pacific Railroad - This act authorized the construction of the first transcontinental railroad.
  • Established the Central Pacific Railroad - One of the two companies assigned to build the transcontinental railroad.
  • Gave loans to railroad companies - Providing financial support for the construction of the railway network.

Learn more about Pacific Railroad Act of 1862 here:

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Answer:

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Explanation:

The Pacific Railroad Act of 1862 did the following:

- Gave land to railroad companies

- Gave loans to railroad companies