What is the Great Britain's "Railway Act of 1844."?

Question

Social Studies

King Blackburn

17 February, 03:58

What is the Great Britain's "Railway Act of 1844."?

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Leland Valdez · Answer 1

The Railway Regulation Act 1844 was an Act of the Parliament of the United Kingdom providing a minimum standard for rail passenger travel. It provided compulsory services at a price affordable to poorer people to enable them to travel to find work.

Explanation:

The Railway Act of 1844 was developed by William Ewart Gladstone, the president of the Board of Trade. The act established minimum standards for railroad businesses and made provisions for eventual purchase of the railway lines.

At the time this act was established, there was a man from Yorkshire named George Hudson, who made remarkable achievements in the establishment of British rail network. The Railway Act led to a closer scrutiny of George's account and certain discoveries were made which showed that he was swindling shareholders.