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Sagot :
The major impact of steamboat technology is
- the price of fares decreased.
- the tourist industry developed.
- the cost to the transport of goods decreased.
What is steamboat technology and how does it affect the American economy?
Generally, steamboats changed the medium of transportation they reduced the time and cost of goods and services. By increasing the transportation speed producer could sell surplus goods to local markets and remote areas.
Steamboat not only moved goods but also people so tourist industry developed. The high demand for the tourist and goods industry also creates the demand for fuel for these steamboats created thousands of jobs in mining industries.
Therefore steamboat technology brought revolutionary changes to American Economy.
Learn more about Steamboat technology here:
brainly.com/question/777070
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