What Resulted from the Completion of the First Transcontinental Railroad

question 61

Multiple Choice

What resulted from the completion of the first transcontinental railroad?

• A) The Civil War ended sooner.
• B) Various Indian tribes sabotaged it by destroying several railroad junctions.
• C) Lincoln was the first president to travel across the country.
• D) The amount of time to travel across the country dramatically decreased.

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Definitions:

Security Selection

The process of choosing individual securities for investment, based on the analysis of their potential for return relative to their risk.

Asset Class

A category of investment with similar characteristics, typically including stocks, bonds, real estate, and commodities.

Market Portfolio

A theoretical bundle of investments that contains all types of assets available in the market, with each asset weighted by its market capitalization.

Passive Portfolio Management

An investment strategy that seeks to replicate and hold a market index or benchmarks, minimizing buying and selling to reduce costs.