They force the cost of their raw materials down, force the cost of labour down or replace it with machinery and force the price of the finished goods up.
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
an increase of corporate profits
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In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
by workinq
To increase profits
to increase profits
An increase in sales and profits does not necessarily mean an economy will grow. The economy will only grow if the sales and profits are substantial in size.
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A large dividend increase typically signals a significant increase in profits.
To reduce competition from foreign grain producers. Northern America industrialists increase the demand for American. This is for manufactured goods.