Question
What were two effects of the Erie Canal on the U.S. economy?
Select TWO correct answers.
Select TWO correct answers.
Answers
GPT 3.5
1. The Erie Canal greatly reduced transportation costs, making it cheaper to move goods and products across the country. This facilitated trade and economic growth, as businesses were able to reach larger markets more easily.
2. The Erie Canal opened up new markets for farmers in the Midwest and Great Lakes regions to sell their goods in the East. This led to an increase in agricultural production and allowed farmers to more easily access urban markets, boosting the overall economy.
2. The Erie Canal opened up new markets for farmers in the Midwest and Great Lakes regions to sell their goods in the East. This led to an increase in agricultural production and allowed farmers to more easily access urban markets, boosting the overall economy.