Author Question: How did the emergence of railroads and the telegraph contribute to the growth of agribusiness? ... (Read 65 times)

oliviahorn72 · **on:** Jul 21, 2018

How did the emergence of railroads and the telegraph contribute to the growth of
agribusiness?

a. Improved the infrastructure for conducting business
b. Enlarged the definition of local market.
c. Allowed prices to be set by markets located at the nexus of railroad lines and
transmitted quickly to middlemen.
d. Redefined the market radius in terms of the iron horse instead of the farmers
horse.
e. All of the above.

Question 2

Which of the following was not true of farms that located near rivers or canals in the 1800s?

a. This location permitted farms to ship goods to every state.
b. This location permitted transportation by both ship and barge.
c. This location required farmers to put crops into the hands of middle- shippers.
d. The cost of transporting a crop would negate any advantage to accessing a more
affluent market
e. Shipping by water was prohibitively expensive.