Author Question: The U.S. experience with the rise and fall of its railroad industry illustrates that central ... (Read 30 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
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.



guyanai

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

True

Answer to Question 2

(a)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library