Multiple Choice
Which of the following led to overbuilding of railroads in the 1860's and 1870's?
A) Reduction of taxes on railroads by the federal government
B) The success of railroads in Europe
C) The availability of financing due to public optimism
D) The low cost of labor to construct railroads
E) Increases in regulated freight rates by the Interstate commerce Commission
Correct Answer:

Verified
Correct Answer:
Verified
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