The completion of the Transcontinental Railroad greatly affected companies that made products in that it made it far easier for them to transport their goods over long distances to markets, which greatly increased profits and output.
The majority of immigrants to America before 1870 were of western European descent, such as the Irish and French, although there were immigrants from all over the world as well.
Perfect competition is a standard of the business based on the hypothesis that a substantial fraction of organization to design similar goods utilized by a wide amount of customers. The prototype of perfect competition also implies that it is comfortable for modern organizations to penetrate the market including for surviving unities to give up. Moreover ultimately, it implies that consumers and merchants have comprehensive knowledge about market requirements.
i think on 1892 but i am not so sure