Which of the Following Led to Overbuilding of Railroads in the 1860's

question 4

Multiple Choice

Which of the following led to overbuilding of railroads in the 1860's and 1870's?

• A)Reduction of taxes on railroads by the federal government
• B)The success of railroads in Europe
• C)The availability of financing due to public optimism
• D)The low cost of labor to construct railroads
• E)Increases in regulated freight rates by the Interstate commerce Commission

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