Explain the role of trusts during the age of railroads

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Brooklynn Leblanc

History

24 November, 21:23

Explain the role of trusts during the age of railroads

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Shiloh Pena · Answer 1

Role of trusts during the age of railroads:

The age of rail road was the era where rail roads were used for transportation of mines, and other things on the tracks of wood or iron and this started during the time period of 1830s especially in the middle state or new England.

Trusts in this era had an important role to play where they had a role of economic development and to set up businesses leading to trades and commerce adding up to productivity and growth of the region and this trade became easier with coming of rail roads.