Here’s an evaluation of each statement regarding railroad expansion in the late 19th century:
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It led to new managerial forms and techniques.
- True: The expansion of railroads necessitated new management practices, including the development of more sophisticated organizational structures and the adoption of innovative operational techniques to handle the logistics of transport and coordination across vast distances.
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It accelerated the growth of new territories.
- True: Railroads facilitated the settlement and economic development of new territories, particularly in the western United States. This resulted in increased migration, agricultural development, and access to resources.
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It was not paid for by the government.
- True: While railroads received some land grants and government assistance, the vast majority of railroad construction was funded by private investments. Many railroads were built by private companies seeking profit, rather than being fully government-funded.
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It grew too quickly and large corporations lost money.
- True: Some railroad companies expanded too rapidly, leading to overbuilding and financial troubles. Many large corporations faced bankruptcy or significant financial losses due to mismanagement, excessive competition, and economic downturns.
In summary, all statements you provided are true about railroad expansion in the late 19th century.