Question

Which key factors led to Chicago becoming an important city for trade? Select two options.

central location
banking services
space to expand
transportation network
technology companies

Answer 1

The railroad, along with the telegraph, the grain elevator, agricultural newspapers, and the trading floor of the Chicago Board of Trade, facilitated the collection of commodities from the farm belt, which was rapidly developing to the west. The city soon became the focal point of a golden funnel that collected and processed grain, lumber, and meat and then sent them to markets in the eastern United States and Europe.