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well think of it this way. What do the telegraph and the internet have in common? They are both tools for instant communication. While the telegraph relied on a network of wires that spanned the country, the internet (an international network of smaller computers) allows any computer user to communicate instantly with any other computer user in the world.
What else can I help you with?
How did telegraph help expand the market economy?
By allowing nearly instant communications over long distances.
How did the railroad help expand the national market economy?
Helped companies to be able to rovide products faster to different locations.
How did canals help expand the national 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 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 telegraph help expand the market economy?
By allowing nearly instant communications over long distances.
How did the telegraph expand the national market economy?
well think of it this way. What do the telegraph and the internet have in common? They are both tools for instant communication. While the telegraph relied on a network of wires that spanned the country, the internet (an international network of smaller computers) allows any computer user to communicate instantly with any other computer user in the world.
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.
How did canals help expand the national 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 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 development of the telegraph in the 1860's help American buninesses?
The development of the telegraph in the 1860s revolutionized American businesses by significantly improving communication speed and efficiency. It allowed for real-time transmission of information, enabling companies to coordinate operations, manage supply chains, and respond quickly to market changes. This connectivity facilitated national and international trade, helping businesses expand their reach and enhance competitiveness. Overall, the telegraph was a crucial technological advancement that contributed to the rapid growth of the American economy during that period.
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 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.
How did steel plow help expand the national market?
because it brought more farmers into the farming comunnity
