Question

Railroad construction in the late 19th cent a. added little to economic fluctuations. b. strongly influenced capital formation. c. caused the three major financial crisis of that era. d. All of the above are correct. e. Only b and c are correct.

Answer 1

Answer: b

Explanation:

Railway construction in the late 19th century strongly improved capital information. As people became enlightened on certain issues as there was a switch of immigrants from different part of the world, the switch aided growth of information amongst people.