In What Way That American Western Land Policy Affects United States's Research Paper

In What Way That American Western the three estates Policy Affects United Statess Economy - Research Paper ExampleGenerally in European countries at that time set downlords owned most of the territories and peasants were working as a lower class servants. But US national government, far sighting the future, came up with a different policy. They acquired the whole acres and then redistribute it to common man. The Land Ordinance of 1785 made it easy for a settler to acquire a land of his own. The distribution of the land was intelligently crafted into sections of square mile with four equal subsections of 160 acre. (White 1991). These subsections were then interchange at public auctions. Federal Land Policy The distribution of land was initiated at a light price of $2 per acre but the condition was to minimally buy the whole subsector of 160 acre. To ease the perfume the money can be given over four years. Although the aim of land policy was to gain ground a common man in buyin g the land, this policy also favored the speculators. They bought a flowerpot of land with a vision that raised price in future will provide them with a hefty profit. In the beginning, however, the process of land distribution was not well organized as federal land offices were located miles away from the distributed lands. But much amendments were made in the 1820s when the price of per acre was reduced to 1.2$ and stripped-down land acquisition requirement reduced to 80 acres only. Also the federal land offices were primed(p) at convenient locations to facilitate the process. These changes significantly increase the number of buyer as more(prenominal) and more common men could afford the price now. Problem of squatter was on the rise and Pre-Emption wreak was introduced to allow them buy the respective land at a discounted price of 1.25$ per acre (White 1999). Homestead Act In 1862, despite the civil war in progress, congress came up with a homestead act. This was to facilita te handiness of land to the real settlers on the public domain. Under this act an individual who is an American citizen or mig putd here and is in process of citizenship can apply for a land in public domain. The maximum battleground under this was somewhat a quarter sections. If a mortal resides on the land for five years, the land is granted in his name. But the condition applies that he should not leave the place for more than 6 months or in else the land can be taken back by the government. Or the person can buy this land at discounted rates. In the span of 122 years (1862-1986) government sold about 25% of land under Homestead Act. It provided capital for stabilizing economy as well as provided a new home and settlement for many citizens. Railway Road Grants Between 1862 and 1872 congress gave railroad track road grants to develop railway tracks. About 125 million acre of land was granted for such development. This was to essence in economic boost with no theoretical los s of money in grants. It was speculated that the land skillful the railway tracks will have double the actual value hence recovering the money muddled in land grants. (White 1991). These rail roads acted as a catalyst in increasing the rate of settlement. Many new settlements emerged along the tracks. Also it supported the farmers as they found a medium for seedy transportation of their goods. As a simple rule of economics, before a significant large scurf production of any commodity is achieved, it is very important to have an access to open markets where these products could be sold. some other important