What Are Raw Materials Would Free Raw Materials Be Advantageous to the Labor An
What Are Raw Materials Would Free Raw Materials Be Advantageous to the Labor An
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In our eReader you can find the full English version of the book. Read What Are Raw Materials Would Free Raw Materials Be Advantageous to the Labor An Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book What Are Raw Materials Would Free Raw Materials Be Advantageous to the Labor An
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To quickly assess the difficulty of the text, read a short excerpt:
The laborers who tend the sheep subsist on cheap food, have few wants and low wages.
With such conditions of wool production at home and abroad, the wool- grower of the United States cannot hope to compete successfully with the foreign producer. The question to be considered, then, is the effect which free raw wool would have upon the labor and industries of the United States. The first effect, evidently, would be to cause the transfer of labor and capital now engaged in the production of raw w...ool into other lines of employment. The farmer who has devoted a part of his attention to wool-growing and who has perhaps been thus able to utilize lands unavailable or unprofitable for other purposes, and to economize his labor, must now turn to other fields of employment. The labor which has found employment in this industry must look to other lines of activity. With this loss to the farmer and the laborer their effective demand for the products of other branches of industry is lessened. If the wool-growers must abandon their industry and suffer the consequent losses from depreciation of lands and capital invested, they will have less money with which to procure the products of manufactories and mines.
What to read after What Are Raw Materials Would Free Raw Materials Be Advantageous to the Labor An?
You can find similar books in the "Read Also" column, or choose other free books by Homer B Dibell to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The laborers who tend the sheep subsist on cheap food, have few wants and low wages.
With such conditions of wool production at home and abroad, the wool- grower of the United States cannot hope to compete successfully with the foreign producer. The question to be considered, then, is the effect which free raw wool would have upon the labor and industries of the United States. The first effect, evidently, would be to cause the transfer of labor and capital now engaged in the production of raw w...ool into other lines of employment. The farmer who has devoted a part of his attention to wool-growing and who has perhaps been thus able to utilize lands unavailable or unprofitable for other purposes, and to economize his labor, must now turn to other fields of employment. The labor which has found employment in this industry must look to other lines of activity. With this loss to the farmer and the laborer their effective demand for the products of other branches of industry is lessened. If the wool-growers must abandon their industry and suffer the consequent losses from depreciation of lands and capital invested, they will have less money with which to procure the products of manufactories and mines.
What to read after What Are Raw Materials Would Free Raw Materials Be Advantageous to the Labor An?
You can find similar books in the "Read Also" column, or choose other free books by Homer B Dibell to read onlineMoreLess
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