Why farmers were angry at Railroad companies
Why were farmers angry at the Railroad companies?
Expert
The farmers were angry at the railroad companies because:
1. The high cost of sending their crops to market. The one and only way to transport their grain was by railroad and their prices were very high for farm products.
2. The railroads also owned the big buildings where grain was stored. The Farmers had to pay to keep their grain there until it was sold. The storage costs were also too high.
3. The cost of borrowing moneywas also high. They opposed the import taxes -- tariffs -- they had to pay on foreign products. A number of tariffs were as high as 60%. Congress had set the levels high to protect American industry from foreign competition. However farmers said they were the victims of this policy, since it increased their costs.
Assume that you are really interested in investing in the shares of Nokia Corporation of Finland that is a world leader in the wireless communication. However, before making the investment decision, you might like to learn about company. Take a look of the website of
Write an article on Goal programming model to address the selection of the best group of quality control instruments in designing a quality control system for service organizations.
Most of the organizations have established policies to remedy discrimination whenever hiring women and minorities. Discuss whether you feel that affirmative action programs, reverse discrimination, and criteria of comparable worth are suitable forms of remedy. You mus
Define the term Short Term Solvency Ratio?
1. Somerset Ltd manufactures components for the motor industry. In one of its workshops it has three workers, Joe, Jack and Jonny, who at any one time work on batches of the same component. The standard time allowed to produce one unit is one hour. The workers rate of pay is
Why it is easier for an investor willing to diversify his portfolio internationally for buying depository receipts instead of actual shares of the company?
Calculation Of IRR: IRR is the rate at which your discounted cash inflow becomes equal to your discounted cash outflow. In other words NPV=0. To determine this following steps are followed:- 1. Determine cash inflo
Develop a case study of the Operational-Strategy interface as it applies to organisational change (last 3-5 years) within your organisation, together with a project implementation case study .You are required to detail the operational chan
What is meant by the forfaiting transaction?
What is country risk and how it is different from the political risk?
18,76,764
1929143 Asked
3,689
Active Tutors
1419067
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!