Asked by ashlynn
What is one reason why the expansion of the railroads caused prices of products to drop during the Gilded Age?
Railroads provided transportation for products to markets in rural areas of the South.
Railroads provided cheap and fast transportation for both raw materials and products.
Railroads provided fast transportation of raw materials to ports for overseas shipments.
Railroads provided expensive but fast transportation of raw materials and products.
All Answers 1
Answered by
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Railroads provided cheap and fast transportation for both raw materials and products.
Lower shipping costs reduced production and distribution costs, expanded markets and competition, and thus helped push product prices down.
Lower shipping costs reduced production and distribution costs, expanded markets and competition, and thus helped push product prices down.
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