Why did railroads come under government regulation? (a) Disgruntled s

Why did railroads come under government regulation?

(a) Disgruntled shippers and travelers raised an outcry about the routes of railroads.
(b) Some people effectively argued that railroads were charging “unfair” rates.
(c) The railroad industry was too competitive, thus driving rates below those necessary
to ensure normal profits for railroad companies.
(d) All of the above are correct.

 

ANSWER

(b)

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