Question
Which statement correctly describes an effect of the railroads’ monopoly on transportation to and from Washington?
(1 point)
Responses
Railroads could set high prices without fear of competition.
Railroads could set high prices without fear of competition.
Railroads had to rely on immigrants to lay track and run trains.
Railroads had to rely on immigrants to lay track and run trains.
Railroads were able to pay better wages than farmers and other businesses.
Railroads were able to pay better wages than farmers and other businesses.
Railroads controlled so much land that mining companies had to shut down.
Railroads controlled so much land that mining companies had to shut down.
1 answer
The correct statement that describes an effect of the railroads’ monopoly on transportation to and from Washington is:
Railroads could set high prices without fear of competition.
This reflects how a monopoly allows a company to control prices and limit competition, leading to higher costs for consumers.
