March 02, 2010
Posted by hbinini
Question:
what effect might a decrease in immigration i 1924 have had on american bussinesses
Answers:
March 02, 2010
Posted by reema
( 0 ratings )
The Immigration Act of 1924, which took effect in 1928, led to a decline in legal immigration.
The decrease in immigration meant a reduction in the size of markets for various goods.
This resulted in the escalation of the average costs of businesses, due to a reduction in the size of the firms.
The net result was an increase in the prices of the goods. So businesses suffered as a result of the decrease in immigration.
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