Which Improvement Most Dramatically Increased the Speed and Lowered the Expense

question 122

Multiple Choice

Which improvement most dramatically increased the speed and lowered the expense of commerce in the first half of the nineteenth century?

• A) The transcontinental railroad.
• B) Canals and steamboats.
• C) The factory system.
• D) A system of federally financed roads.
• E) The establishment of an efficient postal system.

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Definitions:

Greenmail Option

A strategy where a company buys back its shares from a potential acquirer at a higher price to prevent a takeover.

Target Management

The practice of focusing organizational strategies and operations towards achieving predefined goals and objectives.

Sherman Antitrust Act

A landmark federal statute in the United States passed in 1890 that prohibits monopolistic business practices and promotes competition.

Per Se Violation

In antitrust law, a restraint of trade practice so serious that it is prohibited whether or not it actually harms anyone.