Transportation Revolution

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Transportation Revolution

• Rivers, Canals, Rails

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Ag. Production and economics of transportation
High value perishable produce
Staple commodity production
Land value
Subsistence, with high value to low bulk goods,
like whiskey
Value of land as subsistence farm
Distance from market city or Cost of
transportation (proxies for each other)
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Shipping distances (miles) before shipping costs
exceeded 50 percent of mkt price, ca 1815
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