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How did the construction and opening of the Erie Canal impact the economic and social growth of New York State?
Wiki User
∙ 6y ago
It was even better than the planners and financiers comprehended. People up and down the supply line were making a profit (no make that big profits!). As cash poured in the routes were expanded and formerly rejected routes that had been rejected as far too costly were put to the test at modest profits. Certain links held by railroads boosted their rates until the system almost collapsed.
New York became the Empire State in both trade and industry.
Wiki User
∙ 6y ago
Wiki User
∙ 6y agoThe construction and opening of the Erie Canal made New York become the Empire State.
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∙ 6y agoAdd your answer:
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