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- 2022-10-6
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P1: How does business benefit from transportation development, railroads in particular? Key Word: dwarf- Transportation- Influence pace and course
- Broaden market area by lowering cost and speeding distribution
- Railroads
- Pioneer business administration
- Enhance land value
- Growth of certain cities, such as Atlanta
P2: Railroads provides initial support for investment banker and experiment new forms of business organizations.
Capital requirements of railroad are great. Railroads experiment new forms of business organization. Because railroads so vital and their performance so closely tied with business cycle, later highways...(出题:细节题)
P3: Railroads also generate great job opportunities.
Directly...Indirectly...
Railroads were to 1850-1915 what auto industry is to today. (顺带复习一下SC:A was to B what C is to D?) - Same: pacesetter or bellweter of economy; -Different: no one ever dominated rail industry.(出题:铁路和汽车于各自的时代相同/不同分别是什么?)
Main Idea: List positive impact of railroads in business and society.
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