Step-by-step explanation:
The goal of the Pacific Railway Act of 1862 was to authorize the construction of a transcontinental railroad in the United States, which would connect the eastern and western coasts of the country by rail. The act was signed into law by President Abraham Lincoln on July 1, 1862, during the American Civil War, and it provided for the establishment of two companies - the Union Pacific Railroad and the Central Pacific Railroad - to build the railroad.
The act provided for the federal government to grant land and loans to the companies to finance the construction of the railroad, and it also established the basic route for the railroad, which was to start in Omaha, Nebraska, and run westward to Sacramento, California. The act was significant in promoting westward expansion and economic growth in the United States, and it helped to facilitate the movement of people, goods, and ideas across the continent. The construction of the transcontinental railroad was completed in 1869, with the driving of the Golden Spike at Promontory Summit, Utah, marking the completion of the project.