To maximize profits and dominate the competition in Monopoly by investing in railroads, players can employ the following strategies:
By implementing these strategies, players can increase their profits and gain a competitive advantage in the game.
In the 1950s, railroads faced competition from the airlines and from trucking companies.
Andrew Carnegie
Canals & stage coach lines.
For major trunk lines, where there was competition, the railroads charged lower rates and even gave rebates. For spur lines, where there was a monopoly, the railroad charged higher rates for the same type
Funds in Great Britain helped to finance reconstruction of the post Civil War U.S. economy by investing in farms, railroads, and businesses
Railroads have been able to increase their profitability since passage of Staggers in the face of strong competition from trucks and declining rates only through increased productivity.
"Cut-throat competition, also known as destructive or ruinous competition, refers to situations when competition results in prices that do not chronically or for extended periods of time cover costs of production, particularly fixed costs. This may arise in secularly declining or "sick" industries with high levels of excess capacity or where frequent cyclical or random demand downturns are experienced."sources: wikipediaand my textbook...
cog railroads are yellow trains railroads are black
Dick Barnes has written: 'Marketing Matters-Winning Strategies for Wholesaling' 'Enmascarados' 'A railwayman looks at the railways' -- subject(s): Employees, Railroads, Labor unions
The monopoly of railroads in the 19th century had a significant impact on the development of the transportation industry. It led to increased efficiency and expansion of rail networks, but also resulted in high prices and limited competition, which hindered innovation and progress in other modes of transportation.
Railroads mainly carry trains. Railroads mainly carry trains.
Railroads- apex