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Who produced large quantities of steel very efficiently by buying and controlling iron ore deposits steel mills and railroads He helped the US become an important economic power in the world?
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∙ 10y ago
Andrew Carnegie.
Wiki User
∙ 10y ago
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What important influence did nineteenth century railroads have on what is today's corporate America?
Railroads were the first business to raise funds by issuing stocks and bonds
How did the transcontinental railroads differ from railroads in Europe?
It was built by private enterprise, while Europeans railroads were government projects.
How many railroads did the north an the south have?
The North had 34,022 kilometres of railroads The South had 14,141 " " " The Border States had 3,020 kilometres of railroads .
What wrongdoing were railroads guilty of?
The wrongdoing railroads were guilty of was transporting illegal immigrants to the United States.
What invention made the growth of railroads possible?
the turnpike was the invention that made the growth of railroads possible
How did the railroads help the growth of standard oil?
Railroads helped the growth of Standard Oil by allowing for rapid transport of stored petroleum. They could get their products to market much faster and efficiently.
How did railroads affect trade?
Railroads allow different cities and areas to be connected to each other which makes new markets available to different business for trade. The train also provides an easy and fast way to transport such goods. This makes railroads very important to many economies, especially when large quantities of goods need to travel over large spans of land.
How did the railroads and canals help the US grow?
Railroads and canals helped the United States grow by increasing the transportation of goods. Before canals and railroads, goods were moved by shipping with the flow of rivers or by horseback. Canals and railroads also allowed goods to be carried faster and in larger quantities then before.
How did corporations make life harder for small farmers in the 1880s?
by controlling railroads and charging high prices for shipping
Why was the cattle kingdom dependant on the railroads?
The American cattle business was dependent on railroads because they could transport vast quantities of cattle faster than they could through cattle drives. It was also cheaper.
What did the railroads in a America do?
They created a way to ship goods more efficiently and opened a much larger market. Railroads still continue to move more freight than any other mode of transportation in the United States.
What are railroads used to transport?
Railroads are a low-cost mode of transportation for large quantities of heavy and bulky items. Since rail lines are stationary, other forms of transportation move goods to and from the rail site.
What is the main purpose of railroads?
The main purpose of railroads is to transport goods and passengers efficiently and safely over long distances. Railroads play a vital role in facilitating trade, connecting regions, and supporting economic development. They are known for their reliability and cost-effectiveness in moving large volumes of cargo.
Why were railroads developed in Arizona?
Railroads were developed in Arizona primarily for the purpose of transporting goods and resources. The state had significant deposits of copper, coal, and other minerals that needed to be efficiently transported. Additionally, railroads played a crucial role in connecting Arizona to the rest of the country, facilitating trade and economic development.
What important influence did nineteenth century railroads have on what is today's corporate America?
Railroads were the first business to raise funds by issuing stocks and bonds
Why are were Chinese immigrants important to the development of the west?
They helped to build railroads
Why was development of railroads important to the us country?
That's a good question.
