Which of the following describes many of the bonanza farms of the late 1800s?

The history of the bonanza farm started with the arrival of the railroad, as with the history of America’s westward expansion. A group of entrepreneurs dreamed of building a railroad across the northern territory to the Pacific Ocean during the mid-1860s. The newly-formed Northern Pacific Railroad began construction with financing from Jay Cooke and his banking institution, as well as the millions of acres in government land grants. Entering present-day North Dakota., the NP has traversed the Red River by 1872.

The NP and the entire country was in a financial panic since Jay Cooke went bankrupt a year later. The NP allowed stockholders, who were holding deflated stock, to purchase huge tracts of land at a cost comparable with land sold by the government, in order to raise money that was needed to continue the railroads construction.