Which of the Following Was NOT True of the Rail

question 28

Multiple Choice

Which of the following was NOT true of the rail network of the 1850s?

• A)was more vulnerable to adverse weather conditions than water travel
• B)brought new areas of the country into the orbit of long-distance trade
• C)reached places that lay far from navigable waterways
• D)afforded farmers more consistent access to urban markets

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Definitions:

Compounded Semi-Annually

The process of calculating interest where the interest is added to the principal sum of a loan or deposit twice a year.

Mutual Fund

A type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, which is managed by an investment company with the capital pooled from many investors.

Rate of Total Return

A measure of the gain or loss on an investment over a specified period, including interest, capital gains, dividends, and distributions realized over the period.

Rental Income

Income received from leasing out property or other real estate assets.