Why Do Historians Argue That There Was a Mixture of Enterprise,partly

question 31

Multiple Choice

Why do historians argue that there was a mixture of enterprise,partly private and partly governmental,in building our transportation system?

• A) Private individuals took the initiative and were able to extract special privileges and financial assistance from government for the purpose of enhancing their profits.
• B) Political leaders, who wanted transportation improvement for reasons of local or national ambition, took the initiative and coaxed private enterprise into building the transportation ?system by the offer of special financial advantages.
• C) The sheer size of the investment required for a transportation system was beyond the capability of private enterprise alone.
• D) All of the above ideas have been used by historians to explain the mixture of enterprise in building our transportation system.

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Definitions:

Vacation Time

Vacation time refers to a period of leave from work, granted by employers to employees for rest, travel, or leisure.

Industrial Revolution

A period of major industrialization that occurred during the late 1700s and early 1800s, leading to significant changes in technology, economies, and society.

Productivity Growth

The increase in the efficiency of producing goods and services, typically measured as the output per unit of input over time.

World Output

The total economic production of goods and services by all countries in the world over a given period.