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A more productive way of transporting good was created by building canals by allowing ships to pass without the problems of a normal river
Wiki User
∙ 11y ago
Wiki User
∙ 13y agoThe new canals facilitated the market economy by reducing the cost of transportation.
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How did the railroad help expand the national market economy?
Helped companies to be able to rovide products faster to different locations.
How did telegraph help expand the market economy?
By allowing nearly instant communications over long distances.
How did railroad help expand the market economy?
Helped companies to be able to rovide products faster to different locations.
Why is the stock market important to today's economy?
The stock market indicates the strength of the economy. For instance, if stock values are high it indicates strength in the economies. In addition, the stock market also helps companies to raise funds necessary to expand their developments!
How does competition for financing determine how resource are allocated in the market economy?
Competition for financing determines how resources are allocates in the market economy by having the lending institution make the final decision regarding lending the business the funds to expand.
How did canals help expand the market economy?
A more productive way of transporting good was created by building canals by allowing ships to pass without the problems of a normal river
How did steel plow help expand the national market economy?
because it brought more farmers into the farming comunnity
How did the railroad help expand the national market economy?
Helped companies to be able to rovide products faster to different locations.
What did the canals do to promote the new market economy?
it told them people have 15 days to sell a pet
How did the mechanical reaper expand the national market economy?
The mechanical reaper allowed farmers in the West to grow large quantities of wheat much of which they sold in eastern markets.
How did the canals help market economy?
A more productive way of transporting good was created by building canals by allowing ships to pass without the problems of a normal river
How did telegraph help expand the market economy?
By allowing nearly instant communications over long distances.
How did railroad help expand the market economy?
Helped companies to be able to rovide products faster to different locations.
Why is the stock market important to today's economy?
The stock market indicates the strength of the economy. For instance, if stock values are high it indicates strength in the economies. In addition, the stock market also helps companies to raise funds necessary to expand their developments!
How did the creation of a market economy affect many farmers in the early nineteenth century?
The creation of a market economy affect many farmers in the early nineteenth century in that new roads and canals allowed people to exchange goods in distant markets with complete strangers.
How does competition for financing determine how resource are allocated in the market economy?
Competition for financing determines how resources are allocates in the market economy by having the lending institution make the final decision regarding lending the business the funds to expand.
How did the sewing machine (and improvements) help expand the national market economy?
IT helped by making cloths avaliable to every stores. It also brought the price of clothes and goods down because of such a big outcome produced by sewing machine.
