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Author Question: What is not a benefit from the lower costs of transportation that were achieved through advances in ... (Read 111 times)

chads108

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What is not a benefit from the lower costs of transportation that were achieved through advances in railroads, canals and steamboats?
 a. Free rider problems were reduced.
  b. Farmers gained larger shares of the selling price of their crops.
  c. Consumers paid decreasing shares of the purchase price for transportation and marketing costs.
 d. New unsettled areas were profitably cleared and added to the nation's economic activity.

Question 2

What was not one of the government's strategies to pull the nation out of the Great Depression?
 a. Large subsidies for manufacturing companies.
  b. Sizable increases in employment of emergency workers.
  c. Development of the Federal Deposit Insurance Corporation (FDIC).
  d. Institute price controls for farmers.



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aham8f

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Answer to Question 1

a. Free rider problems were reduced.

Answer to Question 2

a. Large subsidies for manufacturing companies.





 

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