THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Goods from other countries being taxed
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Government regulation of free enterprise
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New methods of transportation
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Factories needing cheap labor
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Detailed explanation-1: -A good transport system can broaden the market for goods. It can also make the movement of raw materials, fuel, equipment, etc. to the places of production easy. Further, it opens up remote regions as well as resources for production.
Detailed explanation-2: -Today, the railways have become more important in our national economy than all other means of transport put together.
Detailed explanation-3: -It helps in the economic growth of a country. There are different types of transportation facilities available in India like road, rail and air transport. Road Transport: Roads are one of India’s most important components of transport infrastructure.
Detailed explanation-4: -The railroad had major advantages over previous modes of transportation, being both flexible and dependable; they were not subject to winter ice as canals were, and were faster and more reliable than steamships. This was especially important when transporting agricultural products.