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The Packers and Stockyards Act of 1921 (7 U.S.C. §§ 181-229b; P&S Act) regulates meatpacking, livestock dealers, market agencies, live poultry dealers, and swine contractors to prohibit unfair or deceptive practices, giving undue preferences, apportioning supply, manipulating prices, or creating a monopoly.
In economics, the meat industry is a fusion of primary (agriculture) and secondary (industry) activity and hard to characterize strictly in terms of either one alone. The greater part of the meat industry is the meat packing industry – the segment that handles the slaughtering , processing, packaging, and distribution of animals such as ...
The William Davies Company facilities in Toronto, Ontario, Canada, circa 1920. This facility was then the third largest hog-packing plant in North America. The meat-packing industry (also spelled meatpacking industry or meat packing industry) handles the slaughtering, processing, packaging, and distribution of meat from animals such as cattle, pigs, sheep and other livestock.
The companies supplying this meat were known as the "Big Four" of meatpacking. The companies that made up the "Big Four" were Armour, Swift, Wilson, and Cudahy. Butchers at "Big Four" stockyard plants in Chicago, Kansas City, and Omaha formed the backbone of the Amalgamated Meat Cutters and Butcher Workmen (AMCBW). [1]
Union Stock Yards, Chicago, 1947. The Union Stock Yard & Transit Co., or The Yards, was the meatpacking district in Chicago for more than a century, starting in 1865. The district was formed by a group of railroad companies that acquired marshland and turned it into a vast centralized processing area.
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP .
Also in 2016, Quizlet launched "Quizlet Live", a real-time online matching game where teams compete to answer all 12 questions correctly without an incorrect answer along the way. [15] In 2017, Quizlet created a premium offering called "Quizlet Go" (later renamed "Quizlet Plus"), with additional features available for paid subscribers.
Law, Marc. "History of Food and Drug Regulation in the United States". EH.Net Encyclopedia, edited by Robert Whaples. 2004. online; Law, Marc T. "The Origins of State Pure Food Regulation." Journal of Economic History 63#4 (2003): 1103–1130. Libecap, Gary D. "The rise of the Chicago packers and the origins of meat inspection and antitrust."