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.

Answer 1

Answer:

e. both a and c are correct

Explanation:

Falling transportation cost facilitated in globalization and fostered the process of westernization.

The theory of comparative advantage allows economies to produce goods at lower opportunity costs to get better sales margins. Hence lower transportation  cost helped in achieving that for trading partners in free market.

Moreover it allowed to increase the impact of westernization(cultural values,traditions etc) across the globe