answersLogoWhite

0

Railroads lost business because

Updated: 4/28/2022
User Avatar

Wiki User

14y ago

Best Answer

more people owned their own cars

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Railroads lost business because
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about U.S. History

Why were carter and ford voted out of office?

because they lost the election


Why did the Great Depression spread worldwide?

The Great Depression has such a huge impact on the economies of other countries because the United states did business with other countries. Other countries lost money when they US could not buy their products, or provide or take out loans.


Why was life so different after south lost especially because so few southerners actually owned slaves?

Why was life so different after the south lost especially because so few southerners actually owend slaves


Why did cowboys choose to go on long cattle drives following the civil war?

Those were jobs that were available. There was lots of demand back east in restaurants for beef, the cattle were raised out west far from the few western railroads, so it was necessary to hire cowboys to drive the cattle all the way from the range to the railroad. Within about 10 years the railroads expanded and went directly to where the cattle were raised and the age of cowboys and long cattle drives came to an end. The cowboys lost their jobs.


What is the effect of overspeculation in western lands?

It leads to foreclosure and the closing of banks. When overspeculation of land occurs, banks give loans to people who can't afford it because they think the prices of land will increase. And when the prices don't increase, people who took out the loans can't repay them, banks are forced to foreclose on the land, and they gradually go out of business because of all the money they lost giving loans and never being repaid.

Related questions

What happens if you have stock in a business but the business out of nowhere closed down?

Your out of luck. Trust me I lost $168,000 because of this. Nothing you can do.


What is the importance of business management?

Business management is important because operations must be managed daily. Without business management, then the business could move in the wrong direction and lead to a financial lost for the owners.


Which of theswhich statement about why Queen Liliuokalani lost her kingdom is true?

Queen Liliuokalani lost her kingdom because American business owners seized control of Hawaii.


Why was forming the new state of west Virginia such a blow to the confederacy?

The main reason was that they lost territory and important railroads.


What does decline mean in business?

Lost


Why did augustus lose his rule?

Augustus lost his rule because he died.Augustus lost his rule because he died.Augustus lost his rule because he died.Augustus lost his rule because he died.Augustus lost his rule because he died.Augustus lost his rule because he died.Augustus lost his rule because he died.Augustus lost his rule because he died.Augustus lost his rule because he died.


The importance of Variable costs?

Variable cost is important for a business because to know that the business good enough to run forward if not it's better to close down before make too much lost


Can you get unemployment while receiving payments from sale of your business in New York?

If your only income in the base period, required by law, was from your own business, you don't qualify for benefits by having lost your employment through no fault of your own (and because you controlled the destiny of the business)


Why is it necessary to verify data or entries as workplace type transactions?

It is necessary to verify data in the workplace. This is because incorrect data can lead to lost money or lost business, so data must be correctly entered in a workplace setting.


How did the telagraph effect the pony express?

THEY LOST ALOT OF BUSINESS.


Cristobal colon was lost?

if you wanted to go because the Indian wing and lost but because of what was lost discovered America.


You own your business of contract welding but you have not found any work because of the economy can you receive unemployment compensation in Idaho?

No. By definition you are not an employee of someone else and lost your job.