In what ways did the arrival of the railroad affect Georgia's economy? Select the two that apply
The arrival of the railroad affected Georgia's economy in the following ways:
1) Expansion of trade and commerce: The railroad provided a faster and more efficient mode of transportation for goods and services. It opened up new markets for Georgia's agricultural products, such as cotton and tobacco, allowing for increased exports. The improved transportation also facilitated the growth of manufacturing industries, as raw materials could be easily transported to factories and finished goods could be distributed more widely.
2) Industrialization and urbanization: The railroad spurred industrialization in Georgia by attracting investment and facilitating the growth of industries such as textiles, iron and steel, and mining. This led to the establishment of new towns and cities along the railway lines, as manufacturing centers and trade hubs developed around railroad stations. It also created new job opportunities and contributed to the growth of the urban population.