Asked by Gabrielle Gonzalez on Jul 20, 2024
Verified
The rapid development of railroads in the United States was accomplished _____________________.
A) in large measure through the investment of European banking firms
B) exclusively through the support of a large number of small investors
C) with the assistance of some of the largest government subsidies ever granted
D) almost entirely through the investment of a handful of shrewd millionaires
Railroads
Rail transport systems consisting of tracks, trains, and facilities for the movement of passengers and goods. They were crucial in the industrialization and economic development of many countries.
European Banking
European Banking refers to the banking system and practices within Europe, characterized by diverse regulations and markets across different European countries.
- Understand the importance of railways and technological advancements in promoting the expansion to the West and enhancing economic development.
Verified Answer
Learning Objectives
- Understand the importance of railways and technological advancements in promoting the expansion to the West and enhancing economic development.
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