In what way did the nation's growing transportation system help promote economic growth?

1. It made it easier for Native Americans and freed African Americans to obtain the same goods as white people, boosting demand.
2. Because it added costs for the delivery of goods, it made more profits for the manufacturers.
3. Railroad rebates and pools brought down prices for small farmers, who could then afford to modernize their equipment.
4. It opened up national markets for selling and obtaining resources and helped lower costs of production.

1 answer

The correct statement that illustrates how the nation's growing transportation system helped promote economic growth is:

4. It opened up national markets for selling and obtaining resources and helped lower costs of production.

A growing transportation system, including railroads and canals, facilitated the movement of goods across longer distances, which in turn allowed producers to reach larger markets and consumers to access a greater variety of products. This increased efficiency and reduced transportation costs, ultimately contributing to overall economic growth.