How persuasive is folsoms case

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1. According to Folsom, what were the specific problems with the subsidies given to transcontinental railroad builders? How did this incentive system end up producing badly run railroad lines that often went bankrupt?

2. How persuasive is Folsom's case? Given the government's desire to quickly span the continent with a railroad, is it a fair comparison to contrast Hill's experience with the other transcontinental builders?

Reference no: EM133567328

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