Amtrak Was Created To

question 3

Multiple Choice

Amtrak was created to:

• A) relieve the railroads of the burden of non-profitable passenger business
• B) allow federal planners to create a balanced system without the profit motive of the private sector
• C) Be the first step towards nationalization of the modes of transportation
• D) relieve the pressure of automobile traffic on the highways by providing an alternate mode of transport.

---

Definitions:

Financing

The process of providing funds for business activities, making purchases, or investing.

Annual Installment

A fixed amount of money paid back to a lender once a year, typically used in the repayment of long-term loans.

Face Value

The nominal or dollar value stated on a financial instrument, such as a bond or stock certificate.

Bond Issue

The process of offering bonds for sale to investors as a way of borrowing money for long-term capital needs.