Compared with Canals, Railroads

question 56

Multiple Choice

Compared with canals, railroads

• A) were more expensive than canals to construct.
• B) transported freight more slowly.
• C) faced much less political opposition by vested economic interests.
• D) required less technological obstacles to overcome to construct and operate them safely.
• E) could be built almost anywhere with sufficient financial capital.

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Definitions:

Net Income

The amount of money a company has left as profit after paying off all expenses and taxes from its gross income.

Dividends

are payments made by a corporation to its shareholders, typically from profits earned.

Tax Rate

The percentage of income that is paid to the government as tax.