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What did customers demand that the government do to the railroads?
Wiki User
∙ 13y ago
"ahead of demand"? Question 2: Was government assistance necessary, i.e. ... d. i.e. It all comes down to what did railroads do for society .... Customers? Maybe. 2. Railroads? Many economists think so. • Government regulators can be ...
Wiki User
∙ 13y ago
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Why did farmers demand regulation of the railroads?
The farmers demanded regulation of the railroads because the railroads were abusing government land grants and taking away land from the farmers. High rates were also being changed for transportation.
Why did people demand regulation of the railroads in the late 19th century?
3. Why did people, particularly farmers, demand regulation of the railroads in the late 19th century?
When did railroads become popular?
Railroads were once seen as the most modern and a larger than life mean of travel. However; the industry undermined the need for expansion and by 1960's it was unable to meet the demand. Moreover, it failed to provide outclass services to the customers. This led to its decline.
What were secret discounts for big customers on large railroads called?
Rebates.
How did the transcontinental railroads differ from railroads in Europe?
It was built by private enterprise, while Europeans railroads were government projects.
How did the government factilitate the expansion of the railroads?
One thing the government did to facilitate the expansion of the railroads was by giving land grants to railroad companies. The government also provided loans.
Which industry was helped when the government gave them a huge pieces of land in the Western states?
railroads
Which industry was helped when government gave them huge pieces of land in the western states?
railroads
Why Government officials tried but failed to regulate the railroads?
The government was shutdown
What is a demand for a product?
A demand for a product is when a customer expresses a desire or willingness to purchase a product. It is the amount of a product that customers are willing to buy at a specific price. Generally the demand for a product is determined by the price of the product the customers income the availability of a substitute and the customers preferences. When the price rises demand falls and when the price decreases demand increases.Factors that affect the demand for a product include: Price of the product Customers income Availability of a substitute Customers preferencesIf the price of the product rises then the demand for the product falls and vice versa. This is due to the fact that customers are willing to pay a certain price for a product and when the price increases customers will be less likely to purchase the product.
What is negetive demand?
negative demand is when customers dislike the product or even pay to avoid it
What invention helped create a demand for oil in the early 1900s?
Steam engines and railroads.
