4 ms·
Most countries eventually decided to merge the railway companies under a single state controlled monopoly precisely to end the wild west days. Ofcourse the eco
by WeylandYutani 3y ago
Most countries eventually decided to merge the railway companies under a single state controlled monopoly precisely to end the wild west days.
Ofcourse the economic importance of the railroads declined when trucks and automobiles were invented so a lot of investors were happy when the government stepped in