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Telegraph allowed instant communication at very large distances. Thus, companies were able to exchange business information faster and react faster to changes in demand and supply. Business processes began to run faster and industry started to grow faster.

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12y ago
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13y ago

It helped for communication throughout the United States. Before people would receive news four to five months after it happended because people had do ride on horses or mail it to send the info.

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13y ago

Steam Engine. Electricity. Telephone. We advanced in technology. It's like climbing the stairs in a lighthouse.

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Q: How did the telegraph increase productivity?
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A productivity deal is an agreement between an employer and employee. In this agreement, the employer commits to increase the pay rate with increase in productivity.


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Usually, new technology will increase productivity in the economy. For example, if you replace a human in a factory with a robot that can work twice as quickly without breaks, productivity would increase.


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