All of the following are true of railroad expansion in the late nineteenth century EXCEPT:

Question

a
railroad expansion led to faster transportation of goods
b
railroad expansion was financed by private corporations without government assistance.
c
railroad expansion created national markets
d
railroad expansion stimulation of other industries

Answer 1

The statement that is NOT true of railroad expansion in the late nineteenth century is:

b railroad expansion was financed by private corporations without government assistance.

While private corporations played a significant role in financing railroad expansion, government assistance was also crucial, including land grants and financial support from various government entities to promote the development of railroads.