Question

Which circumstance was most directly responsible for the rapid growth of the railroad industry?

Inventors developed air brakes and more efficient train-car connectors


Builders agreed on a universal width for train tracks


Railroad owners sold stock to investors to finance the construction of railroads


Pullman began manufacturing cars for overnight travel

Answer 1

Correct answer choice is:

C. Railroad owners sold stock to investors to finance the construction of railroads.

Step-by-step explanation:

Assembling railways were and yet is a quite costly capital-intensive trading. Not just did it need huge groups of workers but the area had to be purchased and the tracks themselves also had to be placed. To do that the rail firms traded shares to investors and inflated the capital.

The administration giving extensive land easements to the tracks for free. This was the most significant element of the equation. Outwardly the land concessions, all the different technological features were insignificant objects of interest.

Answer 2

Railroad owners sold stock to investors to finance the construction of railroads

Constructing railways was and still is a very expensive capital intensive business. Not only did it require large gangs of workers but the land had to be bought and the tracks themselves also had to be laid. To do that the rail companies sold shares to investors and raised the money.