Source: Theodore Roosevelt, *Ranch Life and the Hunting-Trail*, 1888.
"The great free ranches, with their uncontrolled herds, are now rapidly passing away. The land is being fenced in, and the sheepmen and the grangers are encroaching on the territory of the cattle king. Corporate capital from the East and from Great Britain has bought up the water rights, and the small rancher is forced to become a hired hand."
Which of the following historical developments in the late nineteenth century best explains the transition described in the excerpt?
- AThe strict adherence of the federal government to laissez-faire policies, which prevented any government subsidies or land grants to Western developers.
- BThe execution of the Dawes Severalty Act, which successfully protected communal Native American lands from corporate encroachment.
- The consolidation of land and key natural resources by well-funded corporate entities, which marginalized independent operators.Answer
- DThe initiation of the Market Revolution, which dismantled corporate monopolies and returned economic independence to small-scale farmers.
Answer
The consolidation of land and key natural resources by well-funded corporate entities, which marginalized independent operators.
The correct answer is correct because the late nineteenth century saw a dramatic transition in the West from individualistic, open-range economic activities to highly consolidated, corporate-backed enterprises. As Theodore Roosevelt observes, the acquisition of water rights and fencing of land by well-capitalized corporations led to the marginalization of independent operators (small ranchers), who were increasingly forced to work as wage laborers (hired hands) for larger companies.
Step-by-Step Solution
Key Concept
The transition of the Western economy from individual and small-scale operations (like open-range ranching and placer mining) to large-scale, corporate-dominated industries that consolidated resources and wage labor.
Estimated Time:1m 30s