1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kirill [66]
3 years ago
7

The u.s. economy borrowed heavily from the british in the nineteenth century to build a railroad system. what was the principal

debt instrument used? why did this make both countries better off
History
1 answer:
Nady [450]3 years ago
8 0

In the 19th century America borrowed money from Great Britain in order to build the railroad system. The main debt instruments used to borrow money were railroad bonds. This economic transaction was beneficial for both countries since the construction of railroads in America played a key role in the Industrial Revolution. This revolution helped develop the economy as it improved trade among different cities through the shipment of grains and cattle by railroad.  

As regards Great Britain, by investing in railroad bonds and later selling them, they were able to finance weapons and equipment for World War I.


You might be interested in
What was john locke's claim on government and monarchy
xxMikexx [17]

Answer:

idk need points sorry mate

Explanation:

8 0
3 years ago
Which was a condition that existed in rome around 100 b.c that contributed to the downfall of the republic?
kozerog [31]
The condition that existed in rome around 100 b.c that contributed to the downfall of the republic was : invasions by neighboring city-states
By this time , the Roman already split into separated territories, making it easier to conquer

hope this helps
3 0
3 years ago
What were 5 key differences in terms of offensive tactics, importance of city, terrain, defenses, and supply lines that differen
zhuklara [117]

terrain, defenses, and supply lines that differentiated the battle of gettysburg from the battle of vicksburg

terrain, defenses, and supply lines that differentiated the battle of gettysburg from the battle of vicksburg

3 0
2 years ago
Read 2 more answers
How does the U.S. government ensure stability in the market economy?
Zielflug [23.3K]

Answer:

Should be C

Explanation:

3 0
2 years ago
Read 2 more answers
What does the 5th amendment allow a citizen to do or not do? A. It allows for you to be your own witness in a case. B. It allows
lesya [120]
C. It allows you to remain silent when arrested hope this helps
5 0
3 years ago
Other questions:
  • Vice President Dic.k Cheney was called upon to temporarily assume the office of president when __________.
    13·2 answers
  • Abolitionists were cautious and not jubilant when lincoln was elected president in 1860 because lincoln
    7·1 answer
  • What 5 things led to the Spanish American war
    14·2 answers
  • 1 cup of lemon-lime : 1 1/2 cups of punch<br>What is the unit rate and how do I find it?
    15·1 answer
  • Which of the following events took place on September 11, 2001?
    15·2 answers
  • What word refers to having no government
    8·1 answer
  • CER: You must have a claim, two pieces of evidence and reasoning.
    14·1 answer
  • Help pls sombody?????????
    14·1 answer
  • Why is cyanide such an effective poison? You might be surprised to learn that it directly interferes with cellular respiration t
    8·2 answers
  • Why were Soviet men and women spending so much of their time waiting in lines?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!