It lowered dramatically because it was a huge success.
The Erie Canal reduced the costs of shipping by 90%.
It took a long time for goods to go across the Appalachian Mountains by man on horseback. It was much faster to go by barge pulled by mules on the Erie Canal. The Erie Canal paid for itself in two years and reduced the price of shipping by 90%.
It took a long time for goods to go across the Appalachian Mountains by man on horseback. It was much faster to go by barge pulled by mules on the Erie Canal. The Erie Canal paid for itself in two years and reduced the price of shipping by 90%.
It cost 7 million dollars to build the Erie Canal and it made that much back in two years.
Yes, the Erie Canal reduced travel time. You could go up the Hudson River, north, and join the Erie Canal at Albany, New York. From there, you would have taken the Erie Canal to Buffalo, New York. In the 1800s, that would have reduced travel time by at least a week.
It cost 7 million dollars to build the Erie Canal and it made that much back in two years.
The first Welland Canal cost 8 million dollars to build. The Welland Canal connected Lake Ontario to Lake Erie.
the building of canals improves water transportation. the Erie canal opened the upper Ohio rivet valley and the great lakes region to settlement and trade. it increased nationalism by uniting the regions.
One result of the Erie Canal is that it was faster to get from one place to another from up the Hudson into the Erie Canal and after you can get any where from there. An even bigger benefit was the reduction in cost of transportation.
It reduced travel time for shipping goods. It lowered the cost of shipping goods. New York City became a center of commerce. The economy of towns along the canal grew. The success of the Erie Canal prompted other states to build canals.
the Erie Canal
One reason that food prices dropped when the Erie Canal opened was that the cost of transporting food was reduced by using this waterway. The canal of 1825 made the cost of moving goods from inland to seaports faster and cheaper.