There were several features that helped industries grow quickly in the country after the Civil War. There was massive influx of immigrants and so there was no dearth of labor force. Also there was great improvement regarding new inventions and technological advancements. There was also great availability of raw materials like timber, oil etc.
Answer:
A contract in writing between two or more political authorities (such as states or sovereigns) formally signed by representatives duly authorized and usually ratified by the lawmaking authority of the state.
Explanation:
Answer:
The first reason is that most of the South had broken off the rest of the Union, and did not view Abraham Lincoln as a valid authority figure.
The second reason is that slaves were an essential part to the Southern economy due to the many plantations all over the South. It was cheaper to pay a price once and get a slave that did unlimited work than it was to pay someone to do it every single time.
Sherman’ antitrust law aimed at stopping monopolies especially, the famous New Hersey standard oil company was dissolved based on this law. This act aims at prohibiting any contracts, conspiracies in ‘restraint of trade’ and it proposed fair trade, it was a crime to create monopoly of a product under this law. This law actually helped small workers and encouraged fair competition between the businesses.
William Rockefeller established Standard oil Company in New Jersey, To give a tough opposition to his competitors, Rockefeller secretly discounted the shipping and transportation charges from railroads, he also formed a secret association with old refiners and bought their refineries at cheaper cost and started to produce more of crude oil.
It became a huge monopoly of supplying 90% of America with crude oil. These actions violated the Sherman’s antitrust law which prohibited Illegal monopoly.
Last mile problem is seen in supply and transportation chain management of goods from one place to other.
<u>Explanation:</u>
Last mile problem is a problem that might occur in a business in the supply chain management and in the planning of the transportation of the goods from one place to other.
The last mile problem is essentially bridging last mile delivery of goods from the distribution hubs to end users. Like for example, the delivery of final goods to retail stores might see problems of safety and congestion.
