The sharp decline in domestic freight costs during the antebellum period was primarily due to the introduction of:_______.

1 answer:

7 0

The sharp decline in domestic freight costs during the antebellum period was primarily due to the introduction of canals and steamboats.

People and merchandise were soon transported along rivers across the nation using steamboats. Canals were constructed to connect rivers, lakes, and oceans in an effort to improve the use of water transportation.

The subsequent inventions of the steamboat, the canal system, and the steam-powered locomotive reduced the cost and duration of travel, fueled factory expansion, promoted western settlement, and boosted international trade.

Steamboats significantly decreased the time and cost of transporting commodities to far-off markets when compared to other types of craft that were in use at the time, such as flatboats, keelboats, and barges. They were therefore crucial to the expansion and stabilization of the American economy prior to the Civil War.

Learn more about canals and steamboats here

brainly.com/question/886515

#SPJ4

You might be interested in

When you purchase a new computer from apple. Com for yourself to use at school, you are using which model of e-commerce?.

jeyben [28]

The model of e-commerce i am using is Business to consumer sales (B2C)

B2C is where buying and selling takes place between buyers and retailers without any middle person.

In B2C, online retailers sells products and services to consumers through the Internet. Here, businesses sell products or services directly to consumers online.

Therefore, when you purchase a new computer from apple. Com for yourself to use at school, you are using Business to consumer sales (B2C) model of e-commerce.

learn more at : brainly.com/question/17462616

5 0

3 years ago

PLSSSS I WILL MARK BRAINLIEST TO THE FIRST PERSON WITH A GOOD ANSWER!!!

Artyom0805 [142]

The answer is B hope this helps

3 0

3 years ago

Read 2 more answers

For the following problem(s), consider these debt strategies being considered by a corporate borrower. Each is intended to provi

natita [175]

Answer:

From the strategies provided, the correct debt strategies that will help a corporate borrower eliminate credit risk are strategy 1 and strategy 2, which are; Strategy #1: Borrow $1,000,000 for three years at a fixed rate of interest of 7%. and Strategy #2: Borrow $1,000,000 for three years at a floating rate of LIBOR + 2%, to be reset annually. The current LIBOR rate is 3.50%.

5 0

4 years ago

When compared with the purely competitive industry with identical costs of production, a monopolist will charge: higher price an

IRISSAK [1]

Answer: Higher price and produce less output.

Explanation:

A monopolist is the only producer of a good in the market or at least wields significant market power. As a result, they can set their own prices without regard for how competitors would react.

This would lead to a situation where the monopoly does not have to be efficient and so will produce less goods than a perfect competition would and in order to make more profit - and because of less efficiency meaning higher costs - they will charge a higher price for output.

7 0

3 years ago

A Ground Fault Circuit Interrupter (GFCI) is designed to do which of the following?

Ymorist [56]

Answer: Protect people from severe and sometimes fatal electrocution by monitoring for electrical leakage to ground.

Explanation:

The main purpose of a Ground Fault Circuit Interrupter (GFCI) is to ensure that when a person gets electrocuted, the flow of electricity is cut off quickly so that no serious injuries or death occurs.

It works by monitoring the electrical leakage to the ground by checking to see if the current going to and coming from the equipment differ by a certain amount and if it does, the GFCI will interrupt the circuit.

5 0

3 years ago