While improved transportation generally benefited many sectors, certain groups like small farmers and local artisans often struggled to compete with larger businesses that could take advantage of expanded markets. Additionally, communities that were geographically isolated may have faced disruption to their traditional ways of life and local economies due to the influx of goods and services from outside. Lastly, laborers in transportation industries sometimes found themselves facing job insecurity as automation and larger corporations dominated the market.
Turnpikes were primarily constructed for profit, as they were built by private companies or individuals who charged tolls for their use. The revenue generated from these tolls was intended to cover construction costs and provide returns on investment. While they improved transportation and facilitated trade, the profit motive was a key driver behind their establishment and operation.
Carriage outwards, which refers to the transportation costs incurred to deliver goods to customers, is treated as an expense in the trading and profit and loss account. It is deducted from the gross profit to arrive at the net profit for the period. This expense is typically recorded in the operating expenses section of the profit and loss account, reflecting the cost of doing business and impacting the overall profitability.
Not-for-profit cooperatives are organizations that operate to serve their members rather than to generate profit. They are owned and governed by their members, who typically share a common interest, such as agriculture, housing, or healthcare. Any surplus revenue generated is reinvested into the cooperative or returned to members in the form of reduced fees or improved services, rather than distributed as profit. This structure promotes community welfare and collaboration among members.
Carriage inward, which refers to the transportation costs incurred to bring inventory to a business, is treated as an operating expense. When calculating gross profit, these costs are added to the cost of goods sold (COGS), thereby increasing COGS and reducing gross profit. Consequently, higher carriage inward expenses can lead to a lower gross profit margin, impacting overall profitability. It's essential for businesses to manage these costs effectively to maintain healthy profit levels.
Gross Profit Margin = Gross Profit/Revenues Net Profit Margin = Net Profit/Revenues
the changes in transportation improved
Improved transportation and medicine were the two primary factors that increased European exploration and interests in interior Africa in the late 1800s.
the changes in transportation improved
steam engines were improved
on land transportation improved by the creation of turnpikes and steam locomotive also the growth of railroads. On sea what improved was by steamboats and long canals
Railroads in the North improved land transportation.
Turnpikes were primarily constructed for profit, as they were built by private companies or individuals who charged tolls for their use. The revenue generated from these tolls was intended to cover construction costs and provide returns on investment. While they improved transportation and facilitated trade, the profit motive was a key driver behind their establishment and operation.
Air quality and pollution can be improved by using alternative forms of transportation and regulating industries.
one of the objectives of a business is to earn profit to improved their wealth.
First source of transportation
Rail roads
hi