Author Question: The Granger Cases of the 1870s (a) sealed the fate of the U.S. railroad system, even though the ... (Read 63 times)

Yi-Chen · **on:** Jun 30, 2018

The Granger Cases of the 1870s

(a) sealed the fate of the U.S. railroad system, even though the cases were covered under a case involving a grain elevator.
(b) came before the U.S. Supreme Court because state legislatures had passed laws in the 1870s to allow state agencies to control various aspects of railroad operation, including rate setting; these laws were then challenged by railroad companies.
(c) established the principle that railroads were unquestionably subject to permanent regulation.
(d) are true for all of the above.

Question 2

The loss of total market share of steel in the world market for steel can be blamed on steel producers' decisions to not adopt the latest steel technology.

The producers in other countries that adopted it gained market share at the expense of the U.S. Indicate whether the statement is true or false