Question

during the market revolution. How did this affect how bought and sold goods? A) The ability to travel to distance places caused the demand for market goods to decrease. People reverted to making most things themselves. B) The intervention by the government in construction of the canals trickled down into business. Government intervention in big business became commonplace. C) The Erie Canal and similar structures allowed goods to be produced more quickly. Due to quicker processing times more goods could be produced and sold at lower prices in the market. D) Until the 19th century most markets were local and people did business with friends and family members. With the ability to travel to distant markets people began conducting business with strangers.

Answer 1

C) The Erie Canal and similar structures allowed goods to be produced more quickly. Due to quicker processing times more goods could be produced and sold at lower prices in the market.

The market revolution, which took place in the United States during the 19th century, was characterized by the development of infrastructure such as the Erie Canal, which allowed for faster and cheaper transportation of goods. This led to an increase in the production of goods, as well as an increase in the number of people who could access them. With the ability to transport goods more quickly and efficiently, prices for goods decreased, making them more affordable for a wider range of people. This encouraged more people to buy and sell goods, leading to the growth of the market economy. Therefore, the development of transportation infrastructure during the market revolution had a significant impact on how goods were bought and sold, making option C the correct answer.

Answer 2

C) The Erie Canal and similar structures allowed goods to be produced more quickly. Due to quicker processing times, more goods could be produced and sold at lower prices in the market.

Step-by-step explanation:

The market revolution, which occurred in the United States from the late 18th to the mid-19th century, was a time of significant changes in the way goods were produced and sold. The construction of canals and railroads allowed for faster transportation of goods, making it possible to produce and transport goods in greater quantities than before. This led to an increase in the volume and variety of goods available in the market, as well as a decrease in prices due to increased competition.

The Erie Canal, completed in 1825, was one of the most important transportation projects of the market revolution. It connected the Great Lakes to the Atlantic Ocean via the Hudson River, providing a cheaper and faster way to transport goods from the interior of the country to the coast. The canal allowed for goods to be produced more quickly and transported to distant markets, which resulted in an increase in trade and commerce across the country.