Help please Based on the information in this chart, what economic impact did constructionof the Erie Canal have?ERIE CANAL: BEFORE AND AFTER ITS CONSTRUCTIONCharacteristicBefore Construction ofthe Erie Canal (1820)Rochester: 1, 502 peopleBuffalo: 2,112 peopleAfter Construction of theErie Canal (1850)Rochester: 36,403 peopleBuffalo: 42, 261 peoplePopulationCost to ship 1 ton ofgoods from Buffalo toNYC$90 $125$104 daysAverage Travel Timefrom Buffalo to NYCRank of New York Cityas a Seaport10-12 daysThe fifth largest seaport inthe nationThe busiest seaport in thenationO It limited the number of immigrants entering the CountryO It led to the formation of national labor unions.O It increased urbanization and reduced shipping costs.It raised the cost of shinning manufactured goods to the West

From the chart it is clear that the construction of Erie canal create a lot of positive impacts.

Answered: Based on the information in this chart,…

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Based on the information in this chart, what economic impact did construction of the Erie Canal have?

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter1: The Role And Method Of Economics

Section: Chapter Questions

Problem 9P

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