Falling Prices vs Rising Costs (1 янв 1865 г. – 1 янв 1900 г.)
Описание:
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
Добавлено на ленту времени:
Дата:
1 янв 1865 г.
1 янв 1900 г.
~ 35 years