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AbstractIn this paper we focus on the economic history and development of the city of Atlanta Georgia Atlanta is a large city with rich history interesting housing dynamics and is a home to many Fortune 500 companies Historical events and geographical location of the city influenced its economic development and growth In this paper we aim to explain how and why the city of Atlanta formed Further we discuss its industry and agglomeration developments racial sorting by neighborhoods housing market quality of life and lastly policy implicationsThe History of AtlantaThe city of Atlantas founding has a very unique and important role with respect to the United States history and its transportation of goods between locales The city of Terminus later to be known as Atlanta was founded in 1837 and had a literal meaning of The final point The name that had been given to this new town was to echo the fact that the city was originally intended to be solely devoted to the advancement of the railroad system and is the first major city in the United States not to be located near a major water source The railroads that had been created were plentiful with the Georgia Railroad Western and Atlantic railroad and the Atlanta and West Point railroads being the most important The Western and Atlantic railroad connected what was now known as Atlanta to the city of Chattanooga Tennessee in the north The Georgia Railroad which was completed in 1845 after being chartered in 1833 connected the city of Augusta on Georgias eastern border to Atlanta Later on in 1854 the Atlanta and West Point Railroad was completed connecting Atlanta to the town of West Point located on the western border of the state of Georgia By 1860 residents of Georgia would be able to travel up to New York City with connecting trips By the start of the American Civil War in 1861 Atlantas importance to the
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