ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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by helping expand the commercial markets of U.S. companies
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By making it easier for people in rural areas to work in urban factories
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By helping strengthen the economic ties between U.S. and British companies
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By permitting faster communication between corporate leaders and their employees
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Detailed explanation-1: -The railroads were the key to economic growth in the second half of the nineteenth century. Besides making it possible to ship agricultural and manufactured goods throughout the country cheaply and efficiently, they directly contributed to the development of other industries.
Detailed explanation-2: -Railroads became a major industry, stimulating other heavy industries such as iron and steel production. These advances in travel and transport helped drive settlement in the western regions of North America and were integral to the nation’s industrialization.
Detailed explanation-3: -Railways allowed people to travel further, more quickly. This allowed leisure travel, and contributed to the growth of seaside resorts. It also allowed people to live further from their places of work, as the phenomenon of commuting took hold.
Detailed explanation-4: -The increase in railroad mileage made it possible to transport goods and people over long distances quickly and efficiently. This led to the creation of a national market for goods, which in turn encouraged mass production and mass consumption.