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MEDAL & FAN ANYBODY? Which of the following reasons explain why wealthy businessmen were able to set shipping rates on railroads? a. Wealthy people paid the government for this right. b. It was so expensive to build railroads that only the wealthy could afford to build them and consequently own them. c. Wealthy people were able to exert influence on the owners of the railroads to allow them to set prices. d. All of the above statements are correct.
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During the time monopolies were possible so if they wanted to jack up prices they did. So the wealthy usually bribed the government, and was able to buy out the resorces for them as well. So with all this in mind. What do you think the answer is?
i think D . @fierstar123
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