Question

Which of the following are true about railroad expansion in the late 19th century? Choose all that apply.

(2 points)
Responses

It led to new managerial forms and techniques.
It led to new managerial forms and techniques.

It accelerated the growth of new territories.
It accelerated the growth of new territories.

It was not paid for by the government.
It was not paid for by the government.

It grew too quickly and large corporations lost money.
It grew too quickly and large corporations lost money.

Answer 1

Correct answers:
- It led to new managerial forms and techniques. (True — railroads pioneered centralized management, departmental organization, accounting methods, and time zones.)
- It accelerated the growth of new territories. (True — rail lines opened the West to settlement, agriculture, mining, and markets.)

The other two are false: the government heavily subsidized rail construction with land grants and loans, and although there were boom–bust cycles and many bankruptcies, the claim that large corporations broadly "lost money" is not an accurate generalization.