Exam 16: Railroads and Economic Change

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A number of economic historians have attempted to determine whether US railroads were built ahead of demand.  Which of the following statements presents accurate information about the findings of this area of research?

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In Munn v. Illinois (1877), the Supreme Court held that

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In the late 19th century, the chief railroad terminus was

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Quantitative evidence from Fishlow, Fogel and Mercer indicates that

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