Which statement best describes the role of railroads in the industrialization of the United States? A. They provided an efficient means of transportation during the Age of Big Business.

B. They were more important to industry today than they were 100 years ago.

C. They were unable to compete in areas that had good water transportation.

D. They were the earliest form of commercial transportation.

During the 1920s, the federal reserve increased the money supply and kept interest rates very low, encouraging consumer spending and the brisk borrowing of money. business investment and the expansion of businesses grew rapidly during the 1920 to meet the needs of this huge consumer spending. however, during the crash of 1929, the federal reserve reversed its expansionary monetary policy and cut off the money supply by almost 30%, causing banks to not have enough currency on hand when depositors wanted their hard-earned money. after reading the prompt, what can you surmise happened next that contributed to the great depression? a) black tuesday b) collapse of banks c) high unemployment d) election of franklin d. roosevelt