Hot Student Stories

What was an important influence of railroads on modern business practices ? a- strict government regulations for railroads brought strict regulation to oil and steel b- railroads formed corporations that raised money through issuing stocks and bonds c- the use of nonstandard materials set an example for other businesses d- railroads made it possible for other businesses to locate resources?

Samantha Barber

in Business

1 answer

1 answer

Megan Page on April 3, 2018

B is the correct answer. The railways and the people who built them were able to form corporations that raised large sums of money for giving stocks and bonds to investors in exchange for funds, which, in turn, gave them the opportunity to broaden the scope of their businesses.

Add you answer