Homestead Act · US History

A major criticism of the Homestead Act's effectiveness was that much of the best land was actually acquired by:

  1. Established cattle ranchers and eastern investors
  2. Large railroad companies and land speculators
  3. Mining corporations and foreign investment firms
  4. State governments via land grants
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Correct answer: Large railroad companies and land speculators

While millions of acres were given to individuals, even more land was granted to railroads to encourage construction. Speculators often used 'dummy' claimants to accumulate large tracts of the most fertile land near transportation hubs.

Difficulty: Medium Question 8 of 20

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