Area 7: Industrialization and Progressivism (1880s-1920s)
Question: How did economic growth affect the quality of life within the U.S.?
Grass was free and profits were enormous in the cattle business in Wyoming Territory—for a while. The business dates to the 1850s, when a few entrepreneurs paid westbound emigrants for worn-out cattle, and then fattened them for resale. But the boom came in the decades after the Union Pacific Railroad connected Wyoming ranges to eastern markets. Cattle poured in from Texas and Oregon, and capital poured in from Britain and the American Northeast. For a short time it seemed as if every investor got rich. Soon, however, a weakening market and the overstocked range could not withstand two years of drought followed by a terrible winter. The big boom busted, following a pattern that would become familiar in the coming century in an economy based heavily on natural resources.
The article linked below, “The Wyoming Cattle Boom, 1868-1886,” offers substantial background on the topic for teachers and for students 8th grade and up. The article may be demanding for 6th and 7th graders.