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How did railroad companies become some of the most powerful businesses in the country?
American locomotives hauled more freight than those in any other country, and manufacturers and farmers were able to send their goods to distant markets.
What name is given to goods bought into a country?
Goods taken into a country are imported goods.
What country exports the most goods?
probz china, like everything is made by them.
What goods are imported and what goods are exported?
Every country imports and exports different goods so it is not possible to answer, however an import is a good that comes to the country from another country and exports are a country selling goods to another country.
What country produces the most goods?
China produces the most goods imported by other nations, followed by Germany and the United States. It is also the most populated country so it has to produce as much as it can to take care of the people.
What is a major disadvantage in the use of import barriers to make domestic goods cheaper?
import manufacturers stop trying to send their goods to the country that has import barriers
What is the major disadvantage in the use of import barriers to make domestic goods cheaper?
import manufacturers stop trying to send their goods to the country that has import barriers
How did railroad companies become some of the most power business in the country?
American locomotives hauled more freight than those in any other country, and manufacturers and farmers were able to send their goods to distant markets.
How did railroads companies become some of the most powerful businesses in the country?
American locomotives hauled more freight than those in any other country, and manufacturers and farmers were able to send their goods to distant markets.
How did railroad companies become some of the most powerful businesses in the country?
American locomotives hauled more freight than those in any other country, and manufacturers and farmers were able to send their goods to distant markets.
which of these people probably benefited most from the construction of the suez canal?
A British merchant who manufacturers goods to India on boats
Which group makes and sells goods?
That would be manufacturers.
Manufacturers used the railroads to send their goods to?
Northeast
Are intermediaries really important in the movement of goods from the manufacturers to the consumer?
Intermediaries are really important in the movement of goods from the manufacturers to the consumer. However, they also contribute to the high cost of goods as they have to make some profit while offering these services.
What is libralisation and what its merits and demerits?
A liberalisation approach is opposed to closed economy. Any country which is a developing economy and also poor may not be able to withstand an international competition for its manufactured goods. So to protect their own industries within their country they follow a closed economy method whereby they will not allow the sale of goods of foreign origin in their country even if it means the foreign goods have much better quality and cheaper than domestic goods. Once such a country reaches a level of competence and an economic standing which can afford Research and Development , it should allow foreign competition so that domestic manufacturers, industrial houses invest in R&D and improve the quality of goods to survive the competition from foreign goods. The advantage is that consumers get quality goods at cheaper prices. Domestic manufacturers get out of their slumber and produce better quality goods offering better salaries to skilled workers. In addition to that sometimes domestic manufacturers can eat in to the market share of multinationals who arrived and can even buy them or takeover them. India is the best example for all this. After liberalisation many Indian companies not only withstood foreign goods or competition they had even taken over the multinational companies businesses.
What name is given to goods bought into a country?
Goods taken into a country are imported goods.
What country exports the most goods?
probz china, like everything is made by them.
