Question

question 5 (10 points) listen how did steamboats foster economic growth in 19th century america? steamboat travel became a status symbol and a display of conspicuous consumption. they were some of the first businesses to enjoy the protection of incorpor they enabled two - way transportation on navigable rivers. their large cost encouraged more lending from new american banks. question 6 (10 points) listen what was a major restriction to american economic development in the early century even as exports rose? the spread of paper currency and counterfeiting. the lack of available capital from european investment. internal transportation costs the destruction to trade centers during the war of 1812.

Explanation:

For Question 5, steamboats allowed for two - way movement on rivers, facilitating trade and thus economic growth. For Question 6, high internal transportation costs limited the ability to move goods efficiently within the country, restricting economic development despite rising exports.

Answer:

Question 5: They enabled two - way transportation on navigable rivers.
Question 6: Internal transportation costs