The Demand for Freight

question 30

Multiple Choice

The demand for freight:

• A) originates when the carrier asks for the business
• B) starts when the shipper calls the railroad to provide equipment to move a shipment
• C) is a derived demand based on the demand for products
• D) is based upon government quotas

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Definitions:

1980s

The decade spanning from January 1, 1980, to December 31, 1989, marked by significant global economic, political, and cultural events.

Modern Banking

The contemporary financial system involving banks that offer a wide range of services, including deposits, loans, investment services, and electronic banking, characterized by regulatory frameworks and technological advancements.

Goldsmiths' Receipts

Historical documents representing deposit certificates issued by goldsmiths to denote ownership of gold or silver deposited with them.

Gold Coins

A type of currency made almost exclusively from gold, historically used as legal tender in various transactions.