The U.S. experience with the rise and fall of its railroad industry illustrates that central planners are less likely than private investors to allocate investment funds into wealth-creating projects.
Indicate whether the statement is true or false
Question 2
Which of the following statements is supported by the research of economic historians?
(a) Canals and railroads were built with a mixture of private and public enterprise and
financing.
(b) Canals and railroads were built largely without U.S. government participation.
(c) Canals were built with public assistance, but railroads were built with almost no
government assistance.
(d) Railroads were built with public assistance, but canals were built by private enterprise.
Possible symbiotic or endosymbiotic relationships that gave rise to the first eukaryotic cells
The Lion Gate of Mycenae (detail)â€â€Âtwo lionesses flank the central column, c. 1300 B
The United States in the Caribbean and Central America
Role of Ras protein in a central growth factor activation pathway
A rise in global temperature of more than 3˚C
The Nile Delta will be strongly affected by a rise in sea level of 50 cm