Funding for canals came from which of the following sources?
A) Private investments and tolls
B) Taxes
C) Borrowing on government credit
D) All of the above

Question

Quizplus · Accepted Answer

Funding for canals came from a combination of private investments and tolls, taxes, and borrowing on government credit. All three sources were used to finance the construction and maintenance of canals. Private investors saw the potential for profit in operating the canals and collecting tolls, while taxes and government borrowing were used to provide added funding for projects that were deemed necessary for the public good.

Funding for Canals Came from Which of the Following Sources