What was one effect the growing railroad industry had on the country?
(1 point)
Responses
National markets increased as goods could be sold across the country more easily.
National markets increased as goods could be sold across the country more easily.
Leaders in the railroad industry wanted to get low-cost materials from other countries.
Leaders in the railroad industry wanted to get low-cost materials from other countries.
Companies had to compete for American workers by offering well-paying jobs.
Companies had to compete for American workers by offering well-paying jobs.
A larger variety of companies were able to compete in the railroad industry.
The correct answer is "National markets increased as goods could be sold across the country more easily."
One effect of the growing railroad industry on the country was the increase in national markets. How did this happen? Well, the railroad made it easier and more efficient to transport goods from one place to another. Before the railroad, it was difficult and time-consuming to transport goods across long distances. But with the advent of railroads, companies could move their products quickly and efficiently from one side of the country to the other.
Imagine a farmer in the Midwest who wants to sell his crops in the East Coast. Without a railroad, he would have to rely on slow and inefficient methods of transportation, which would limit his ability to sell his goods in distant markets. However, with a railroad, he can load his crops onto a train and have them transported to the East Coast in a much shorter amount of time. This means that his products can reach a wider customer base, leading to increased sales and profits.
In addition to the farmer, other industries also benefited from the ability to sell their goods across the country more easily. Manufacturers could now reach customers in distant cities, expanding their markets and increasing their production. This growth in national markets was a significant effect of the growing railroad industry on the country's economy.