Which of the following are true

Question

about railroad expansion in the
late 19th century? Choose all
that apply.
It led to new managerial
forms and techniques.
It accelerated the growth
of new territories.
It was not paid for by the
government.
It grew too quickly and
large corporations lost
money.

Answer 1

All of the following statements about railroad expansion in the late 19th century are generally considered true:

1. It led to new managerial forms and techniques. - The expansion of railroads required the development of new management practices and organizational techniques to handle their scale and complexity.

2. It accelerated the growth of new territories. - Railroads facilitated the settlement and economic development of new territories, opening up areas for agriculture, mining, and industry.

3. It was not paid for by the government. - While the government did provide some support through land grants and subsidies, many railway companies funded their own construction through private investments and loans.

4. It grew too quickly and large corporations lost money. - The rapid expansion of railroads often led to overbuilding, resulting in financial difficulties for some companies as they struggled to maintain profitability.

Thus, all the statements you've provided about railroad expansion in the late 19th century are true.