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Fogel Argued That Railroads Were More Cost Effective Than Canals

Question 26

Multiple Choice

Fogel argued that railroads were more cost effective than canals because railroads were faster and were in service all year and that using rail instead of canals would ____.


A) lower freight rates on the railroads.
B) lower government subsidies for railroads.
C) lower inventories of grain in the East.
D) reduce the wheat being shipped to Europe.

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