1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sergeeva-Olga [200]
3 years ago
13

Discuss the conditions and developments that affected the cattle industry during the last half of the nineteenth century.

Business
1 answer:
Darya [45]3 years ago
7 0

Answer:

Cattle ranchers were not very common during the early nineteenth century, most of them were actually Mexicans who ended up being thrown out of Texas after it became independent. They left their cattle behind and Texans claimed them for themselves. During the first part of the century beef wasn't very popular so the cattle was raised for its skin and tallow.

But then the civil war started and after the south lost, cattle had multiplied to over 5 million in Texas alone. There was really no market for beef in the southern states, but there was a huge market in the northern-eastern states.

Cattle trade began from Texas to Chicago and it generated a lot of money specially for the middlemen (Joseph McCoy was the most important one). The cattle was sent to Chicago using the railroads and the industry peaked by 1867. The factors that helped the beef industry were that more railroads were built, more land was available (native Americans were ejected from their lands) and refrigeration techniques improved.

But during the last years of the century the cattle industry collapsed (since middle 1880s) due to lower demand, a severe drought and more farmers settling in areas that previously had been used by cattle only. Since the cattle business became less profitable, farmers started to turn to agriculture instead of ranching.

You might be interested in
A customer is interested in purchasing new furniture for their living room. Using a mobile phone, the customer opens a special a
Kaylis [27]

When a customer who wants to buy new furniture for his living room uses his mobile phone and opens an app that uses the camera to overlay different furniture options, this is a type of technology corresponding to augmented reality.

<h3 /><h3>Augmented reality technology</h3>

It is based on the interaction of the user of the virtual world with the real world, through perceptual information generated by a computer, which transmits sensorial modalities, creating an experience of the virtual environment closer to reality.

Therefore, the use of augmented reality can generate greater business innovation, generating greater value for the consumer through faster and more effective interaction and shopping experience and service.

Find out more information about augmented reality here:

brainly.com/question/9054673

8 0
2 years ago
Precision Aviation had a profit margin of 7.00%, a total assets turnover of 1.4, and an equity multiplier of 1.8. What was the f
Novosadov [1.4K]

Answer:

17.64%

Explanation:

Precision aviation has a profit margin of 7%

The total assets turnover is 1.4

The equity multiplier is 1.8

Therefore the ROE can be calculated as follows

= Total assets turnover × equity multiplier × profit margin

= 1.4 × 1.8 × 7

= 17.64%

Hence the ROE is 17.64%

7 0
3 years ago
Capital budgeting decisions ______. Multiple select question. involve an immediate cash outlay in order to obtain a future retur
pshichka [43]

Answer:

involve an immediate cash outlay in order to obtain a future return

require a great deal of analysis prior to acceptance

Explanation:

A capital budgeting decision refers to an investment and the financial commitement. If we considered a project so here the business is making the financial commitment and at the same time it invest in the longer period that have an influence on the future projects

So it is an instant cash outflow for gaining a future return and also have a great deal before accepting it

7 0
3 years ago
What are the main customers of bank of canada
Viefleur [7K]

The Canadian banking system is a conservative system that consists of five main categories. They are:

Chartered banks

Trust and loan companies

Cooperative credit movement

Life insurance companies

Securities dealers

For anyone considering a career in banking in Canada, this list of top banks in Canada is a helpful guide on where to start. To learn more, see our lists of financial institutions.

4 0
3 years ago
A trial balance consists of:Multiple ChoiceA two-column financial statement intended for distribution to interested parties outs
icang [17]

Answer:

A two-column schedule listing names and balances of all ledger accounts.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.

Generally, financial statements are the formally written records of the business and financial activities of a business entity or organization.

There are four (4) main types of financial statements and these are;

1. Balance sheet: it contains financial information about assets, liability, and equity.

2. Cash flow statement: it contains financial information about operating, financial and investing activities.

3. Income statement: it contains financial information about the income and expenses of an organization.

4. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.

A trial balance consists of a two-column schedule listing names and balances of all ledger accounts.

5 0
2 years ago
Other questions:
  • You added an extra $100 to your expense statement and Sara added an extra $1000 to her expense statement. If you believe both of
    15·1 answer
  • A. a career is a series of jobs.
    8·1 answer
  • Joanie takes a $6000 loan to pay for her car. The annual interest rate on the loan is $12%. She makes no payments for 4 years, b
    8·1 answer
  • What happens to the money supply during inflation? *
    10·1 answer
  • QUESTION 6 of 10: Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If h
    6·1 answer
  • Why is it important to maintain a career portfolio?
    11·1 answer
  • So, if you find that revenue goes up when you use an elasticity of 2 to estimate the effect of changing the fee from $8 to $16,
    14·1 answer
  • Qualcomm has developed a groundbreaking new CPU chip. The patent on the chip will last 17 years. You expect that the chip’s prof
    14·1 answer
  • Typical insurance plans that companies offer to their employees and sometimes pay a significant portion of the monthly costs are
    5·1 answer
  • Kasravi co. Had net income for 2013 of shs 400,000.The average number of shares outstanding for the period was 200,000 shares
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!