Title: Farmer Dilemma
|Date:||February 15, 2015|
|Length:||2 / 562|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
Many farmers relied on McCormick farm machinery to grow crops, so the price depended on whatever McCormick charged. Trusts formed in the railroad industry as well, which enabled the railroad companies to set a high price.
2. Railroads- Railroad companies would say that farmers could find an alternate route of transportation if they were dissatisfied with the prices...
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Additionally, railroad companies could say in front of a court that they have to charge less (or not charge at all) business, congressmen, and other people who support the railroad system and must make up for the losses by overcharging the farmers.
Middlemen- Middlemen would say that they set the prices low because the market is unpredictable...
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