Railroad study guide questions with accurate answers
How did James Hill encourage farmers and ranchers? Ans✓✓✓ Gave
seeds to farmers, helped breed rancher's cattle, and bought equipment for
farmers and ranchers.
How did RRs fuel the economy? Ans✓✓✓ It created jobs, at the
RR(trains, yard offices, and construction) , steel and iron ore industry,
coal mining, and in the lumber industry.
What are arguments against trust and monopoly? Ans✓✓✓ Eliminated
competition, raise prices without have to improve products, and rich
business owners got political influence.
What are arguments in favor of trust and monopoly? Ans✓✓✓ Lower
prices, higher wages for employees, and better lives for employees.
What are gauges? Ans✓✓✓ Width of a track.
What are networks and what are there benefits? Ans✓✓✓ System of
connected lines, goods could stay in one car and shippers only had to
pay one fare.
What are rebates? Ans✓✓✓ Discounts RRs gave to their highest paying
customers.
How did James Hill encourage farmers and ranchers? Ans✓✓✓ Gave
seeds to farmers, helped breed rancher's cattle, and bought equipment for
farmers and ranchers.
How did RRs fuel the economy? Ans✓✓✓ It created jobs, at the
RR(trains, yard offices, and construction) , steel and iron ore industry,
coal mining, and in the lumber industry.
What are arguments against trust and monopoly? Ans✓✓✓ Eliminated
competition, raise prices without have to improve products, and rich
business owners got political influence.
What are arguments in favor of trust and monopoly? Ans✓✓✓ Lower
prices, higher wages for employees, and better lives for employees.
What are gauges? Ans✓✓✓ Width of a track.
What are networks and what are there benefits? Ans✓✓✓ System of
connected lines, goods could stay in one car and shippers only had to
pay one fare.
What are rebates? Ans✓✓✓ Discounts RRs gave to their highest paying
customers.
