HOMESTEAD ACT

WHAT CHANGED?

• It gave people a 2nd chance
• Farming became the new norm
• Gave thousands new property

WHAT THE GOVERNMENT GAINED

• Gained any minerals/items on the land
• Made millions of dollars from patents
• Allowed expansion with other countries
• Gave slaves a new opportunity

THE MONEY MADE

• 600 million acres sold
• $1.25 a acre until 1854
• Discounts for veterans
• 1.6 million applications put

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