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1 gen 1862 anni - The Homestead Act 1862

Descrizione:

Terms:
-160-acres of land could be lived on by a family for $10 provided it was used as a family home and for farming.
-If the land was lived on for 5 years, the land could be bought outright for $30.
-This was wligible for anyone over the age of 21 including ex-slaves and women.

Aims:
-To encourage further migration to the west.
-To avoid land only being owned by rich landowners so more tax could be raised.

Problems:
-Large companies paid employees to claim land and then forced them to hand the land over to them.
-Some people claimed land and then sold it for a profit.

Aggiunto al nastro di tempo:

Data:

1 gen 1862 anni
Adesso
~ 163 years ago