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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.

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9y ago
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10y ago

made it easier for stuff from the west to get to the east. decreasing value.

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Q: Why did the price of goods fall when the Erie Canal opened?
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What is a canal running from Albany to Buffalo New York?

The artificial waterway across New York State connecting Albany on the Hudson River with Buffalo on Lake Erie is the Erie Canal. The Erie Canal was in the past the main route for transporting goods from New York City ports to Buffalo, where they could be shipped across the Great Lakes. Thus, goods could be transported across the entire country all by waterways.


When was the Erie canal finished?

1825 was when the canal opened.


What day did the Erie Canal open?

The Erie Canal opened on October 26, 1825.


When did they make the Erie Canal?

Erie Canal was opened on October 26, 1825, by Governor Clinton.


Was the Erie Canal in the west?

The Erie Canal is in the state of New York. It opened a wider route into the Midwest.


What canal in new york opens to the great lakes?

The "Erie Canal", opened on October 26, 1825 but not fully completed until 1832.


Why did men build the Panama Canal and Erie Canal?

to transport goods


Which artificial waterway opened in 1825?

The Erie Canal


How did the canal reduce the cost of shipping goods?

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%.


How did the Erie Canal affect trade in New York City?

The Erie Canal affected trade by reducing the price by 80% so that Midwest farmers could ship their goods affordably to New York City.


Did Lewis and Clark reach the Pacific Ocean before or after the Erie Canal was opened?

Lewis and Clark reached the Pacific in 1805. The Erie Canal opened in 1825.


The Erie Canal reduced the cost of shipping goods in the East by how much?

The Erie Canal reduced the costs of shipping by 90%.