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How did the growth of railroads help mass production and consumption of goods?
Wiki User
∙ 13y ago
Railroads is a means of transport. For large scale production to take place smoothly and efficiently, a developed communication and transport system is inevitable. This is because the raw materials and other resources which are used as factor inputs in production process are not usually obtained from the same geographical location where the production is taking place. They may be obtained from other parts of the country and the development of the railroad network makes it possible.
With the growth in railroads, the goods can be transported to far-off places in the country. The market for the good extends and consumption of final goods goes up.
Wiki User
∙ 13y ago
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Which person studies the production distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
What is the Most important tool for the analyzing the production distribution and consumption of goods and services?
Economic analysis is need for analyzing the production, distribution and consumption of goods. This allows a group or business understand what goods are the most needed and sell the best.
What are the taxes on production transportation sale or consumption of goods?
Excise Taxes.
Which discipline deals with the production consumption and distribution of goods and services?
economics
Does the The strength of the economy depends on the balance of production and consumption of goods and services?
true
Which person studies the production distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
Which person studies the production .distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
How did the growth of railroads lines promote the growth of cities and trade?
The growth of railroads lines promoted the growth of cities and trade because the goods were easily transported to other places.
What do households provide or supply?
Households provide labor, income, and consumption of goods and services. They are fundamental units of consumption and production in an economy, contributing to economic growth through their spending and participation in the workforce.
What is the most important tool for analyzing the production and distribution and consumption of goods and services?
Economic analysis is need for analyzing the production, distribution and consumption of goods. This allows a group or business understand what goods are the most needed and sell the best.
What is the Most important tool for the analyzing the production distribution and consumption of goods and services?
Economic analysis is need for analyzing the production, distribution and consumption of goods. This allows a group or business understand what goods are the most needed and sell the best.
Which discipline deals with the production consumption and distribution of goods and services?
economics
What are the taxes on production transportation sale or consumption of goods?
Excise Taxes.
What is the most most important tool for analyzing the production distribution and consumption of goods and services?
Economic analysis is need for analyzing the production, distribution and consumption of goods. This allows a group or business understand what goods are the most needed and sell the best.
What was the significance of the growth of railroads in American history?
a faster to transport goods, because we found a way to produce more goods, so we just needed a way to ship them to places. railroads was the answer.
What is the tool for analyzing the production distribution and consumption of the good and services?
Economic analysis is need for analyzing the production, distribution and consumption of goods. This allows a group or business understand what goods are the most needed and sell the best.
Does the The strength of the economy depends on the balance of production and consumption of goods and services?
true
