Deck 9: Transportation and Market Growth

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Question
DeWitt Clinton is most recognized for

A) inventing the wheat combine.
B) being one of the primary advocates of the abolition movement.
C) developing the technology to power railroad engines.
D) overseeing the building of the Erie Canal.
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Question
Between 1820 and 1840 freight rates on western rivers declined drastically. The main reason for this drop in prices was _________.

A) the decline in the price level.
B)  tolls and other barriers to trade decreased.
C) the decline in monopoly power.
D) the steamboat was used more frequently.
Question
Which did not cause significant navigation problems on inland waterways?

A) ice
B) variations in the heights of rivers
C) sand bars
D) sunken ships
E) inland piracy
Question
The Erie Canal, the most important canal (in terms of the number and dollar value of shipments), was in

A) Georgia .
B) New York .
C) Pennsylvania .
D) Maryland .
Question
Inland passage times were reduced primarily through

A) increasing the speeds of the boats themselves.
B) shorter layover times.
C) the government activity to clear the rivers of natural obstructions.
D) learning to operate the boats at night.
Question
The antebellum transportation revolution

A) was driven by a few firms that gained monopoly control of the major transportation routes.
B) increased the prices of many consumer goods.
C) discouraged urban growth.
D) caused political and economic tension between the East and the West.
E) None of the above.
Question
The introduction of steamboats

A) led to dramatic declines in the price of upstream transport.
B) led to moderate declines in the price of downstream transport.
C) is the primary reason for falling transportation costs in the early 1800s.
D) led to an initial decrease in transport costs that continued to fall due to learning by doing and the construction of lighter boats with increased capacity.
E) All of the above.
Question
Until the 1840s, the leading transport route in the US (in terms of volume of freight from the West) was

A) the Northern Gateway.
B) the Northeastern Gateway.
C) the Southern Gateway.
D) the Erie Canal.
Question
Which statement best describes the relationship between steamboats, keelboats and flatboats on the Mississippi River in the antebellum period?

A) Steamboats were substitutes for both keelboats and flatboats.
B) Steamboats were complements for both keelboats and flatboats.
C) Steamboats were substitutes for keelboats and complements for flatboats.
D) Steamboats were substitutes for flatboats and complements for keelboats.
Question
Compared to the Erie Canal, the primary disadvantage of Pennsylvania canals was

A) state government resistance to providing funds for canal building.
B) the steep, mountainous terrain of Pennsylvania.
C) a pre-existing network of railroads in Pennsylvania.
D) lack of adequate rainfall in Pennsylvania.
Question
Public initiatives to expand canals and railroads

A) featured a large percentage of government investment.
B) featured a small percentage of government investment.
C) were dominated by private investment.
D) were exclusively private due to "strict constructionism."
Question
The term "transportation revolution" implies

A) binding the East and West politically.
B) binding the East and West economically.
C) rapidly introduced technological innovations.
D) All of the above are implied.
Question
In the early 1800s, ______________ developed a plan for the federal government's involvement in building transportation infrastructure such as canals and roads.

A) Albert Gallatin
B) Robert Fulton
C) Thomas Jefferson
D) Alexander Hamilton
Question
In the 19th century, the federal government

A) allocated funds to help build steamboats.
B) passed laws requiring steamboat boiler inspections.
C) required steamboat captains to undergo training in order to receive an operating license.
D) regulated the fees that steamboats could charge for carrying freight.
E) All of the above.
Question
Strict constructionism of the Constitution in the antebellum period

A) made federal funding of any project passing through several states illegal.
B) held the federal government to only a few transportation projects.
C) opened the door to federal domination of transportation projects.
D) caused earlier federal plans of transportation expansion to be completed by a mix of state, local and private enterprise.
E) Both b and d are correct.
Question
The sharp decline in domestic freight costs during the antebellum period was primarily due to the introduction of

A) railroads.
B) paved roads.
C) clipper ships.
D) canals and steamboats.
Question
19th-century cost-saving innovations in steamboat transportation included all of the following except

A) the replacement of steam-powered boilers by coal-burning engines.
B) the adoption of lighter-weight boats.
C) increases in the amount of cargo carried per vessel.
D) learning to operate the boats at night.
Question
All of the following statements present accurate information about the major antebellum transport routes except

A) The Northeastern Gateway connected Pittsburgh to Philadelphia and Wheeling to Baltimore.
B) The Southern Gateway was primarily a water-based route.
C) The Mid-Atlantic Gateway connected Savannah and Charleston to Washington, DC via roads and railroads.
D) The Northern Gateway included the Erie Canal.
Question
Falling transportation costs in the 19th century

A) fostered regional specialization according to comparative advantage.
B) created increasing lags for price declines along the Mississippi.
C) propelled the process of western expansion.
D) All of the above.
E) Both a and c are correct.
Question
Robert Fulton is most recognized for

A) inventing of the cotton gin.
B) building the first steamboat.
C) being one of the primary advocates of the abolition movement.
D) developing the technology to power railroad engines.
Question
By 1850, the predominant port in the U.S. was

A) Charleston .
B) New Orleans .
C) Savannah .
D) New York .
Question
Clipper ships

A) allowed for profitable shipping on both short and long journeys.
B) dominated Atlantic trade by 1850.
C) were among the first ships to have iron hulls.
D) earned huge profits transporting passengers and cargo during the gold rushes to California and Australia.
E) All of the above.
Question
The _____________ received funding from the federal government and two states.

A) The _____________ received funding from the federal government and two states.
B) Erie Canal
C) Pennsylvania Mainline Canal
D) Cumberland and Oxford Canal
Question
Which of the following regions tended to support federal construction of a system of roads in the 19th century?

A) the South
B) New England
C) Mid-Atlantic states, including New York and Pennsylvania
D) the West
E) All of the above.
Question
Total factor productivity in railroads _____________ in the 20 years prior to the Civil War.

A) decreased slightly
B) remained largely unchanged
C) increased by about 25 percent
D) more than doubled
Question
The total factor productivity of railroads increase dramatically in the antebellum period.  All of the following factors are responsible for the increase in productivity except:

A) standardization of the gauge of railroad tracks.
B) the introduction of refrigerated railroad cars.
C) increased size of railroad cars.
D) increased use of existing capital.
Question
Which of the following best describes public attitudes toward the railroad in the early 1830s.

A) People were excited and eager for the new technology.
B) Americans dismissed the new mode of transportation as a British peculiarity.
C) Americans embraced railroad heartily since they had long demanded their construction.
D) People feared the railroads for their impact on passenger health and communities.
Question
According to Walton and Rockoff, the primary reason for the demise of the canal system was

A) excessive reliance on individual entrepreneurs so that a system of canals was never created.
B) excessive government regulation that kept canal rates and profits too low.
C) environmental damage from deforestation that left canals flooded at some times and dry at others.
D) competition from the railroads.
Question
Which of the following antebellum transportation innovations earned the greatest rate of return?

A) corporate-owned turnpikes
B) the National Road
C) the Erie Canal
D) the Mainline Canal
Question
What is not a benefit from the lower costs of transportation that were achieved through advances in railroads, canals and steamboats?

A) Free rider problems were reduced.
B) Farmers gained larger shares of the selling price of their crops.
C) Consumers paid decreasing shares of the purchase price for transportation and marketing costs.
D) New unsettled areas could be cleared more profitably and added to the nation's economic activity.
Question
The majority of funding for 19th century American canal building came from

A) the federal government.
B) state governments.
C) local governments.
D) private investors.
Question
Between 1830 and 1860, the number of miles of railroad in operation increased by

A) roughly 100 percent.
B) roughly 500 percent.
C) roughly 750 percent.
D) over 1000 percent.
Question
"Antebellum transportation improvements encouraged the South to specialize in cotton, while depending on the West for food and the Northeast for manufactured goods."  This statement

A) describes Rostow's stages of growth model.
B) describes North's interregional growth hypothesis.
C) describes Thomas Jefferson's vision of the US economy.
D) is supported by most contemporary economic historians.
Question
Which of the following antebellum transportation innovations was financed primarily by government funds?

A) the Erie Canal
B) the New Orleans steamboat
C) the Lancaster Turnpike
D) the Ann McKim clipper ship
Question
When considering the price lags of the West behind the East, by the eve of the Civil War the lag was

A) roughly one year.
B) six months.
C) three months.
D) virtually eliminated.
Question
Despite dramatic increases in trackage during the antebellum period, the U.S. was slow to develop an integrated railroad system.  This was primarily due to

A) the opposition of municipal governments to railroads.
B) the opposition of the federal government to railroads.
C) the failure to adopt a standard gauge for track.
D) heavy taxes on railroad companies.
Question
Most private turnpikes failed to earn profits because

A) tolls were easily avoided.
B) it was too costly to carry freight by land carriage.
C) they faced extensive competition from steamboats, canals and railroads.
D) dishonest gatekeepers often pocketed the tolls collected.
E) All of the above.
Question
The most notable surfaced road of the 19th century, ___________, was built using federal government funds.

A) the Cumberland Road
B) the Wilderness Road
C) the Natchez Trail
D) the Forbes Road
Question
According to Walton and Rockoff, the primary reason the Federal government failed to build an adequate highway system before the Civil War was

A) the technology was not available.
B) the canal craze diverted attention.
C) rivalries among different sections of the country stalled legislation.
D) the teachings of Adam Smith were taken too literally.
Question
What is the best inference about the impact of a decrease in transportation costs?

A) The demand and supply curves will shift out, which will increase quantities of goods.
B) The supply curve will shift out, which will lead to lower prices to consumers.
C) Farmers will earn a smaller share of the selling price of their crops.
D) The demand curve will shift out, which will lead to higher prices and quantities of goods.
Question
New York's Black Ball Line demonstrated bold entrepreneurship by promising

A) equal rates for all classes of passengers.
B) fixed schedule service "full or not full."
C) daily service to Liverpool.
D) clippership service to Europe as early as 1818.
Question
Which of the following innovations enabled the British to overcame American maritime supremacy over the course of the 19th century?

A) the clipper ship
B) the diesel engine
C) iron hulls
D) cotton sails
Question
What was not a benefit of the development of a national market?

A) Increased production by reducing tragedy of the commons problems.
B) Permitted greater division of labor.
C) Enabled people and organizations to engage more in their comparative advantages.
D) Led to lower costs because of increasing returns to scale could be taken advantage of in more industries.
Question
Which of the following is an example of an activity that creates a positive externality ?

A) an iron smelting factory emits sulfur dioxide into the air
B) the owner of a steamboat company dredges a river in order to improve navigation
C) a group of investors starts a business specializing in transporting goods via clipper ship
D) flatboat operators purchase steamboat tickets in order to return to their homes upstream
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Deck 9: Transportation and Market Growth
1
DeWitt Clinton is most recognized for

A) inventing the wheat combine.
B) being one of the primary advocates of the abolition movement.
C) developing the technology to power railroad engines.
D) overseeing the building of the Erie Canal.
overseeing the building of the Erie Canal.
2
Between 1820 and 1840 freight rates on western rivers declined drastically. The main reason for this drop in prices was _________.

A) the decline in the price level.
B)  tolls and other barriers to trade decreased.
C) the decline in monopoly power.
D) the steamboat was used more frequently.
the steamboat was used more frequently.
3
Which did not cause significant navigation problems on inland waterways?

A) ice
B) variations in the heights of rivers
C) sand bars
D) sunken ships
E) inland piracy
inland piracy
4
The Erie Canal, the most important canal (in terms of the number and dollar value of shipments), was in

A) Georgia .
B) New York .
C) Pennsylvania .
D) Maryland .
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Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
5
Inland passage times were reduced primarily through

A) increasing the speeds of the boats themselves.
B) shorter layover times.
C) the government activity to clear the rivers of natural obstructions.
D) learning to operate the boats at night.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
6
The antebellum transportation revolution

A) was driven by a few firms that gained monopoly control of the major transportation routes.
B) increased the prices of many consumer goods.
C) discouraged urban growth.
D) caused political and economic tension between the East and the West.
E) None of the above.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
7
The introduction of steamboats

A) led to dramatic declines in the price of upstream transport.
B) led to moderate declines in the price of downstream transport.
C) is the primary reason for falling transportation costs in the early 1800s.
D) led to an initial decrease in transport costs that continued to fall due to learning by doing and the construction of lighter boats with increased capacity.
E) All of the above.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
8
Until the 1840s, the leading transport route in the US (in terms of volume of freight from the West) was

A) the Northern Gateway.
B) the Northeastern Gateway.
C) the Southern Gateway.
D) the Erie Canal.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
9
Which statement best describes the relationship between steamboats, keelboats and flatboats on the Mississippi River in the antebellum period?

A) Steamboats were substitutes for both keelboats and flatboats.
B) Steamboats were complements for both keelboats and flatboats.
C) Steamboats were substitutes for keelboats and complements for flatboats.
D) Steamboats were substitutes for flatboats and complements for keelboats.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
10
Compared to the Erie Canal, the primary disadvantage of Pennsylvania canals was

A) state government resistance to providing funds for canal building.
B) the steep, mountainous terrain of Pennsylvania.
C) a pre-existing network of railroads in Pennsylvania.
D) lack of adequate rainfall in Pennsylvania.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
11
Public initiatives to expand canals and railroads

A) featured a large percentage of government investment.
B) featured a small percentage of government investment.
C) were dominated by private investment.
D) were exclusively private due to "strict constructionism."
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
12
The term "transportation revolution" implies

A) binding the East and West politically.
B) binding the East and West economically.
C) rapidly introduced technological innovations.
D) All of the above are implied.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
13
In the early 1800s, ______________ developed a plan for the federal government's involvement in building transportation infrastructure such as canals and roads.

A) Albert Gallatin
B) Robert Fulton
C) Thomas Jefferson
D) Alexander Hamilton
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
14
In the 19th century, the federal government

A) allocated funds to help build steamboats.
B) passed laws requiring steamboat boiler inspections.
C) required steamboat captains to undergo training in order to receive an operating license.
D) regulated the fees that steamboats could charge for carrying freight.
E) All of the above.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
15
Strict constructionism of the Constitution in the antebellum period

A) made federal funding of any project passing through several states illegal.
B) held the federal government to only a few transportation projects.
C) opened the door to federal domination of transportation projects.
D) caused earlier federal plans of transportation expansion to be completed by a mix of state, local and private enterprise.
E) Both b and d are correct.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
16
The sharp decline in domestic freight costs during the antebellum period was primarily due to the introduction of

A) railroads.
B) paved roads.
C) clipper ships.
D) canals and steamboats.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
17
19th-century cost-saving innovations in steamboat transportation included all of the following except

A) the replacement of steam-powered boilers by coal-burning engines.
B) the adoption of lighter-weight boats.
C) increases in the amount of cargo carried per vessel.
D) learning to operate the boats at night.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
18
All of the following statements present accurate information about the major antebellum transport routes except

A) The Northeastern Gateway connected Pittsburgh to Philadelphia and Wheeling to Baltimore.
B) The Southern Gateway was primarily a water-based route.
C) The Mid-Atlantic Gateway connected Savannah and Charleston to Washington, DC via roads and railroads.
D) The Northern Gateway included the Erie Canal.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
19
Falling transportation costs in the 19th century

A) fostered regional specialization according to comparative advantage.
B) created increasing lags for price declines along the Mississippi.
C) propelled the process of western expansion.
D) All of the above.
E) Both a and c are correct.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
20
Robert Fulton is most recognized for

A) inventing of the cotton gin.
B) building the first steamboat.
C) being one of the primary advocates of the abolition movement.
D) developing the technology to power railroad engines.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
21
By 1850, the predominant port in the U.S. was

A) Charleston .
B) New Orleans .
C) Savannah .
D) New York .
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
22
Clipper ships

A) allowed for profitable shipping on both short and long journeys.
B) dominated Atlantic trade by 1850.
C) were among the first ships to have iron hulls.
D) earned huge profits transporting passengers and cargo during the gold rushes to California and Australia.
E) All of the above.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
23
The _____________ received funding from the federal government and two states.

A) The _____________ received funding from the federal government and two states.
B) Erie Canal
C) Pennsylvania Mainline Canal
D) Cumberland and Oxford Canal
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
24
Which of the following regions tended to support federal construction of a system of roads in the 19th century?

A) the South
B) New England
C) Mid-Atlantic states, including New York and Pennsylvania
D) the West
E) All of the above.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
25
Total factor productivity in railroads _____________ in the 20 years prior to the Civil War.

A) decreased slightly
B) remained largely unchanged
C) increased by about 25 percent
D) more than doubled
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
26
The total factor productivity of railroads increase dramatically in the antebellum period.  All of the following factors are responsible for the increase in productivity except:

A) standardization of the gauge of railroad tracks.
B) the introduction of refrigerated railroad cars.
C) increased size of railroad cars.
D) increased use of existing capital.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
27
Which of the following best describes public attitudes toward the railroad in the early 1830s.

A) People were excited and eager for the new technology.
B) Americans dismissed the new mode of transportation as a British peculiarity.
C) Americans embraced railroad heartily since they had long demanded their construction.
D) People feared the railroads for their impact on passenger health and communities.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
28
According to Walton and Rockoff, the primary reason for the demise of the canal system was

A) excessive reliance on individual entrepreneurs so that a system of canals was never created.
B) excessive government regulation that kept canal rates and profits too low.
C) environmental damage from deforestation that left canals flooded at some times and dry at others.
D) competition from the railroads.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
29
Which of the following antebellum transportation innovations earned the greatest rate of return?

A) corporate-owned turnpikes
B) the National Road
C) the Erie Canal
D) the Mainline Canal
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
30
What is not a benefit from the lower costs of transportation that were achieved through advances in railroads, canals and steamboats?

A) Free rider problems were reduced.
B) Farmers gained larger shares of the selling price of their crops.
C) Consumers paid decreasing shares of the purchase price for transportation and marketing costs.
D) New unsettled areas could be cleared more profitably and added to the nation's economic activity.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
31
The majority of funding for 19th century American canal building came from

A) the federal government.
B) state governments.
C) local governments.
D) private investors.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
32
Between 1830 and 1860, the number of miles of railroad in operation increased by

A) roughly 100 percent.
B) roughly 500 percent.
C) roughly 750 percent.
D) over 1000 percent.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
33
"Antebellum transportation improvements encouraged the South to specialize in cotton, while depending on the West for food and the Northeast for manufactured goods."  This statement

A) describes Rostow's stages of growth model.
B) describes North's interregional growth hypothesis.
C) describes Thomas Jefferson's vision of the US economy.
D) is supported by most contemporary economic historians.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
34
Which of the following antebellum transportation innovations was financed primarily by government funds?

A) the Erie Canal
B) the New Orleans steamboat
C) the Lancaster Turnpike
D) the Ann McKim clipper ship
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
35
When considering the price lags of the West behind the East, by the eve of the Civil War the lag was

A) roughly one year.
B) six months.
C) three months.
D) virtually eliminated.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
36
Despite dramatic increases in trackage during the antebellum period, the U.S. was slow to develop an integrated railroad system.  This was primarily due to

A) the opposition of municipal governments to railroads.
B) the opposition of the federal government to railroads.
C) the failure to adopt a standard gauge for track.
D) heavy taxes on railroad companies.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
37
Most private turnpikes failed to earn profits because

A) tolls were easily avoided.
B) it was too costly to carry freight by land carriage.
C) they faced extensive competition from steamboats, canals and railroads.
D) dishonest gatekeepers often pocketed the tolls collected.
E) All of the above.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
38
The most notable surfaced road of the 19th century, ___________, was built using federal government funds.

A) the Cumberland Road
B) the Wilderness Road
C) the Natchez Trail
D) the Forbes Road
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
39
According to Walton and Rockoff, the primary reason the Federal government failed to build an adequate highway system before the Civil War was

A) the technology was not available.
B) the canal craze diverted attention.
C) rivalries among different sections of the country stalled legislation.
D) the teachings of Adam Smith were taken too literally.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
40
What is the best inference about the impact of a decrease in transportation costs?

A) The demand and supply curves will shift out, which will increase quantities of goods.
B) The supply curve will shift out, which will lead to lower prices to consumers.
C) Farmers will earn a smaller share of the selling price of their crops.
D) The demand curve will shift out, which will lead to higher prices and quantities of goods.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
41
New York's Black Ball Line demonstrated bold entrepreneurship by promising

A) equal rates for all classes of passengers.
B) fixed schedule service "full or not full."
C) daily service to Liverpool.
D) clippership service to Europe as early as 1818.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
42
Which of the following innovations enabled the British to overcame American maritime supremacy over the course of the 19th century?

A) the clipper ship
B) the diesel engine
C) iron hulls
D) cotton sails
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
43
What was not a benefit of the development of a national market?

A) Increased production by reducing tragedy of the commons problems.
B) Permitted greater division of labor.
C) Enabled people and organizations to engage more in their comparative advantages.
D) Led to lower costs because of increasing returns to scale could be taken advantage of in more industries.
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
44
Which of the following is an example of an activity that creates a positive externality ?

A) an iron smelting factory emits sulfur dioxide into the air
B) the owner of a steamboat company dredges a river in order to improve navigation
C) a group of investors starts a business specializing in transporting goods via clipper ship
D) flatboat operators purchase steamboat tickets in order to return to their homes upstream
Unlock Deck
Unlock for access to all 44 flashcards in this deck.
Unlock Deck
k this deck
locked card icon
Unlock Deck
Unlock for access to all 44 flashcards in this deck.