Why did railroad leaders consolidate their lines in the 1880s? (1 point)

Answer 1

Railroad leaders consolidated their lines in the 1880s in order to eliminate competition, increase efficiency, reduce costs, and maximize profits. By merging smaller companies into larger ones, they could create a more streamlined and interconnected network that would be more profitable in the long run. Additionally, consolidation allowed them to control more of the market and have greater influence over pricing and regulation.