Which of the following is not true of railroads during the late nineteenth century?

Available Options

A. led to new managerial forms and techniques

B. was often capitalized beyond what was needed

C. opened new territories to commercial agriculture

D. accelerated the growth of some older cities and created new ones

E. was financed by private corporations without government assistance

was financed by private corporations without government assistance

Explanation:

Considering the available options, the statement that is not true of railroads during the late nineteenth century is that railroads "was financed by private corporations without government assistance."

This is evident when eighty percent of the transcontinental railroads that were built between 1869 to 1900, were developed with assistance from the federal government through land grants.

This was after the United States Congress passed the Pacific Railway Act, in 1862, which granted the authorization of the transcontinental railroad construction.

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explanation:

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