Answer: D. the railroad industry, whose ability to set its own prices was now limited
Explanation:
The Interstate Commerce Act was passed after years of complaints against the Railroad industry which practiced price discrimination and other monopolistic practices that enabled them to make massive profits.
The Act limited their ability to set their own prices and required that their prices be just. This meant that they could no longer charge exorbitant prices. The Railroad industry was therefore opposed to this and lobbied against its passing.
He pardoned Richard Nixon immediately of all crimes.
I don’t really understand the t chart but the perspectives of Dr. King was that he has do something as he can’t just sit and wait for the black community to be tortured.
The written felt the same way because he showed all the positive things he did and for a good cause. This demonstrates that the author felt like this was something very important. Hope this helps!!!
Answer:
Monopolies are bad for the economy because lack of competition allows a few to set prices, stagnate competition.
Explanation:
How did the rich take advantage:
The rich had ready capital to either buy out smaller competitors or drive them out with undercut prices until the competitor failed, then prices to consumer went back up even higher.
It happened in the early industrial revolution: Rockefeller/Standard Oil,
Carnegie and JP Morgan= Steel industry
Still going on today, especially in the tech arena.
Able to manipulate what we buy, the way we think, etc.
We need to be responsible, situationally aware consumers.
Answer:
Explanation:
In the economic life of East Africa, the cities of Mogadishu and Mombasa played the roles of key trading points that extended down the East African coast.
