Why Was the Expansion of Railroads Significant to the Growth

question 78

Multiple Choice

Why was the expansion of railroads significant to the growth of the cattle industry?

• A) As the railroads increased the ability to ship huge numbers of southern cattle, more cow towns were established in the West.
• B) The railroads enabled the meat of eastern cattle to be shipped west in order to feed the region's growing population.
• C) The railroads opened up Mexico as a market for American meat and eliminated the need to maintain cattle ranches in the United States.
• D) Cowboys from the eastern states could now travel to the West to apply their expertise and teach new settlers their ways.
• E) The railroads increased the industry's profit margin by eliminating the need for cowboys, and ranches were converted to modern-day factory farms.

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Definitions:

Custom Goods

Products that are personalized or made to order according to the specifications provided by the customer.

Work in Process Account

An account used to record the costs associated with goods that are partially completed in manufacturing but not yet ready for sale.

Job Order Cost System

An accounting system used to track costs associated with specific jobs or orders, including materials, labor, and overhead.

Cost Performance

A measure of the efficiency of budget management, comparing the budgeted cost of work performed with the actual cost.