Question

Testing conclusions review the typical benefits of physical capital described in section 1. give specific examples of how the first railroads in the united states created or did not create the benefits of physical capital.

Answer 1

- he invention of railroads will reduce the amount of time and capital compared to having to buy supplies to feed horses and drivers in delivering goods.
- The trains also allow companies to deliver products on larger amount compared to using carriage
- Delivering with trains will decrease the likelihood of agricultural products in becoming rotten and unsellable.