The single most important institution in California from 1862-1920 was the railroad. It fostered agricultural development as well as industrial innovation. The railroad encouraged population growth, and its very presence ended California’s long isolation from the East Coast. The building of the railroad was the most felicitous event in the history of California! Do you agree or disagree with this statement? In an extended discussion, please analyze the impact the railroad had on the state of California. You will want to consider the economic, social and political consequences of building the railroad. Was it a felicitous event?