How did the construction of canals and railroads affect the national economy during the 19th century?

These new forms of transportation boosted the economy by reducing the cost of moving goods across the country due to lower shipping costs.

Canals and railroads introduced a temporary setback to the economy during that time due to the high costs of constructing these new forms of transportation.

The introduction of canals and railroads initially upset the national economy but quickly reversed the problem by increasing the amount of trade between countries.

After the construction of the Eerie Canal in 1825, it took several years for the economy to stabilize because many people did not agree with the idea, and they did not take advantage of it.

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Piper Arnold

24 March, 04:53

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Selina Watkins · Answer 1

These new forms of transportation boosted the economy by reducing the cost of moving goods across the country due to lower shipping costs.