Falling Prices vs Rising Costs (1 janv. 1865 – 1 janv. 1900)

Description:

Falling Prices:

1. Expansion of U.S. production and increasing in Canada, Argentina, and Russia
2. pushed prices very low on cotton and wheat
3. supply wasn't quick enough to catch up to the prices

Rising Costs:

1. Farmers victimized of a greater national economy
2. Middlemen take cuts right before selling to farmers
3. Elevators, warehouses, and railroads were the profits left from shipment rates

Ajouté au bande de temps:

Date: