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Which of the following statements describes the impact of steamboats on the development of the market economy in the United States?- Steamboats led to a decline of the industrial cities of the Northeast as commerce shifted to the West.- Steamboats turned American rivers into major routes of commerce, transforming the economy of the old Northwest and the Mississippi Valley.- Steamboats had little impact; they were quickly replaced by railroads as the main movers of commercial products.- Steamboats made it easy for new immigrants to move to the South, where they began to replace slaves on farms and plantations.- Steamboats stimulated the development of the textile industry in the South close to the sources of cotton.
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