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Elanso [62]
3 years ago
7

What reasons can you think of that would explain why railroads were a better means of transportation than were steamboats?

Social Studies
1 answer:
Svetlanka [38]3 years ago
7 0

Answer:

The railroad had major advantages over previous modes of transportation, being both flexible and dependable; they were not subject to winter ice as canals were, and were faster and more reliable than steamships. This was especially important when transporting agricultural products.

Explanation:

Railroads created a more interconnected society. Counties were able to more easily work together due to the decreased travel time. With the use of the steam engine, people were able to travel to distant locations much more quickly than if they were using only horse-powered transportation.

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a bond that matures in 12 years has a per value of $1,000 and an annual coupon rate 10%; the market interest rate is 8%. what is
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Price of bond = $1150.72 (Approx.)

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