Which of the following statements about the railway industry during the British railway mania were TRUE? 1. The railway industry was mostly \"unregulated\" . 2. The railway industry was strictly regulated by the government. 3. The railway industry consisted of a large number of private companies. 4. The railway industry was dominated by a few public companies.
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Instead, it was mostly unregulated, allowing for a rapid expansion of railway construction. Step 2: The railway industry during the British railway mania consisted of a large number of private companies. These companies were formed to capitalize on the booming Show more…
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