Economic Development in the West

Definition

This refers to the growth and diversification of the economy in the western United States during the late 19th century, largely due to mining, agriculture, and railroad construction.

Analogy

Think of this like a small town growing into a bustling city. As more businesses (mines, farms) open and transportation improves (railroads), there's more money flowing around and more jobs available - just like when a town grows into a city.

Related terms

Gold Rush: A period from 1848-1855 where thousands of people moved to California after gold was discovered leading to economic boom.

Cattle Industry: The business of rearing cattle for meat or dairy products which became profitable with improved transportation.

Railroad Expansion: The rapid construction of railroads across America during the 19th century that connected remote areas with markets and facilitated trade.