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Why were railroads considered the first example of big business?
Wiki User
∙ 11y ago
Neat question. Railroads played a HUGE role in the expansion and capacity of businesses. For the first time in history, goods could be quickly transported across the country. Businesses were able to sell products to customers outside their local area much more easily than before. This lead to higher revenues, increased productivity, increased competition, and more employment opportunities. I believe the building of the transcontinental railroad was THE driving force behind the industrial revolution. The railroad system was one of the greatest inventions of the time, along beside barbed wire.
Wiki User
∙ 13y ago
Wiki User
∙ 11y agocause
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What important influence did nineteenth century have on what is today's corporate America?
Railroads were the first business to raise funds by issuing stocks and bonds
Why did Chinese workers first come to American?
To build railroads. Apex
Who invented the first railroads?
No one person invented the railroad as it evolved over hundreds of years. The first railroads did not have locomotives. Richard Trevithick is credited with creating the first successful steam locomotive. George Stephenson is credited with expanding the use of railroads from being a part of a mining operation to the first passenger railroads.
Which f the following groups first came to Canada to help build the railroads?
which of the following groups first came to canada to help build the railroads?
What did the Americans first railroads carry?
Cotton from the south(apex)
America's first big business was?
railroads
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
What is the America's first big business?
Big business had started to rise in the late 19th century. The first big buisness that arised at that time was the railroads.
What was steel first used for?
Railroads. -------------- Weapons, not railroads.
What did the first railroads carry?
The first railroads carried raw materials and finished goods.
What important influence did nineteenth century have on what is today's corporate America?
Railroads were the first business to raise funds by issuing stocks and bonds
Why did Chinese workers first come to American?
To build railroads. Apex
Who invented the first railroads?
No one person invented the railroad as it evolved over hundreds of years. The first railroads did not have locomotives. Richard Trevithick is credited with creating the first successful steam locomotive. George Stephenson is credited with expanding the use of railroads from being a part of a mining operation to the first passenger railroads.
Who was president when the first American railroads began?
Andrew Jackson was the President in 1830 when the first US railroad , the B & O opened for business. Jackson was also the first sitting President to take a train ride.
What was considered the first order of business at the Constitutional Convention?
electing a president
Why did the chinese first come to america?
railroads
When were railroads first invented?
when they felt like it
