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Why did the railroad companies 'hike up'
their prices with the expansion of
railroad track to the west?
a. the business expenses were very high compared to the
number of train travelers.
b. railroad companies knew people would pay a lot for a
much faster and safer way to travel west.
c. the government regulated the prices of the railroads
and taxed them to pay civil war debt.
d. one company controlled the entire railroad industry so
it had a monopoly on the market.


Sagot :

The railroad companies 'hike up' their prices with the expansion of railroad track to the west because railroad companies knew people would pay a lot for a much faster and safer way to travel west. This is further explained below.

What is a railroad?

Generally, a railroad is simply defined as steel rail lines on which passenger and freight trains travel.

In conclusion, People were willing to pay a lot for a quicker and safer means to go west, so the railroad companies 'hiked up' their rates with the extension of train tracks to the west.

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