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.
Answer:
c.an increase in the price of a complement
Explanation:
if there was an increase in substitute, there would have been two graphs indicating which one has increased and which one has decreased ...
if there is an increase for complement such for an example a car,then the demand for petrol (gas) will increase also,complement goods influence each other directly ...if one decrease then the other also decreases...such as the example i gave on early (cars and petrol)
Answer:
igloo
Explanation:
Because down North it is very cold and to prevet that they used igloos
<em>hope this help!</em>
Explanation: DERIVATIOn! :D hope that helps :} it should cuz its right UwU