Railroads helped the nations economy grow tremendously. It changed the entire Industrial revolution and made it more easier.
Rail roads helped the economy grow by:
-Transporting goods
-Use of transportation to and from places
-Rise the demand for materials
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Explanations:
The reason why rail roads helped the U.S economy was by transporting goods. Trains could carry tons of things in it and in a easily fashion, which made it easier to get things around. Trains helped businesses gets supplies around and made it less complicated. If there were no trains, the industry's during that time would be in a struggle because it would be complicated to transport things throughout the country.
Another reason why rail roads helped the U.S economy was by making it a reliable source of transportation. Before trains were invented, people used horses to travel from place to place, and that takes a very long time and is very exhausting. Trains solved the problem of transportation. Trains could carry many passengers and could take them to a certain destination as quickly as possible, while being safe.
Another reason why rail roads helped the U.S economy was by making the demands for certain materials rise. Materials like steel and wood were in very high demand because people needed a lot of quantities of steel and wood to make the rail road tracks. People sold wood and steel for a high price, which helped the economy a lot.
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The government has more power then the Roman
To measure the amount of human capital available in a country, it would be best to determine the literacy rate of that country.
<span>If you want to calculate the human capital of the country, the foremost thing you can do is to find the elements which are important in order to calculate the human capital. These elements include the number of people with higher education in a country, students, academics, research activity, the degree of utilization of potential labor resources, etc. Once the identification process is done, you have to select the variables which are quite related to the human capital, which includes the number of university students for 10,000 people, employment in Research and development per 1,000 economically active people.</span>
