Ask Question
5 August, 06:14

What important influence did nineteenth century railroads have on what is today's " Corporate America "?

+4
Answers (1)
  1. 5 August, 06:34
    0
    Railroads impacted corporate America in many ways. First, to start construction of railroads it was needed a huge amount of steel, iron, and coal, this caused the development of new industries in these areas.

    Railroads also increased mobility and made able to spread goods around the country which caused the growth of crops business and cattle - which led to big business investing in these areas -.

    Also, Railroads companies were the first business to raise funds by issuing stocks and bonds, they were responsible for creating new concepts of management and were the first giant corporations in the US.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What important influence did nineteenth century railroads have on what is today's " Corporate America "? ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers