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Anna007 [38]
3 years ago
14

Main roads and turnpikes in 1840?

History
1 answer:
trapecia [35]3 years ago
4 0

Private turnpikes were business corporations that built and maintained a road for the right to collect fees from travelers.2 Accounts of the nineteenth-century transportation revolution often treat turnpikes as merely a prelude to more important improvements such as canals and railroads. Turnpikes, however, left important social and political imprints on the communities that debated and supported them. Although turnpikes rarely paid dividends or other forms of direct profit, they nevertheless attracted enough capital to expand both the coverage and quality of the U. S. road system. Turnpikes demonstrated how nineteenth-century Americans integrated elements of the modern corporation – with its emphasis on profit-taking residual claimants – with non-pecuniary motivations such as use and esteem.

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3 years ago
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Learn more:

1. Learn more about the demand curve

      brainly.com/question/8794304

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3. Learn more about government intervention

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Answer details:  

Grade: Middle School

Subject: Economics

Chapter: Types of Economy

Keywords: following, considered, command economies, Select, apply, Capitalism, Communism, Free markets, Laissez-Faire, Socialism.

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