Exam 8: Transportation, Internal Improvements, and Urbanization

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During the antebellum period,factories grew,in part,due to internal economies of scale.

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Railroads attracted funds from foreign investors.

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The percentage of the population that lived in urban areas rose from approximately 5% in 1790?to 40% in 1860.

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Why were immigrants attracted to urban areas?

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Funding for canals came from which of the following sources?

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The early U.S.canals and railroads were built by private enterprise without the aid of governments.

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The benefits of urbanization include: crime,pollution,increased taxation and congestion.

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Government participation in railroad construction was highest in

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The efficiency of steamboats was commonly measured by

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Which statement best describes the railroad?

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Why do historians argue that there was a mixture of enterprise,partly private and partly governmental,in building our transportation system?

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"Internal economies" derive from all of the following except

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What advantages did the railroad have over the other means of transportation during the pre-Civil War era? Why has modern scholarship deflated the importance of the railroads' role in U.S.history?

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Interpret the economic importance of Figures 8-1 and 8-2.Identify the advantages and disadvantages of the canal and railroad systems of transportation.Discuss the economic debate over the railroad system's contribution to economic growth.

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Which of the following contributed to the increase in steamboat productivity?

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The Gallatin Plan (1808)

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Railroad competition was the primary cause of canal failures.

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Internal improvements are important to a developing and growing economy.

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Explain why productivity may rise when railroads,turnpikes,canals and roads help decrease transportation costs.Discuss the roles of specialization and operating on the basis of comparative advantage in a world of low transportation and transactions costs.

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Historians are in general agreement that

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