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Cotton
Xander Weimann
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What did the southern coloines base their economy on?
They based their economy on RICE.
How can Japan produce many goods when it has few natural resources?
Japan uses imported resources to power its huge industrial base. It is the 3rd largest economy in the world.
What best describes the southern economy?
Agricultural base. Raising and selling cotton was the main source of money for the South.
What natural resource is important to Namibia?
Natural resources important to Namibia include gem diamonds, gold, silver, base metals, and uranium.
What are the five basic factors that affect the success of a nation?
Natural resources, governance, culture, skill base, and education
Is Indian economy on higher side?
Yes, Indian economy is on higher side.The economy of India is the eleventh largest economy in the world by nominal GDP.[1] and the fourth largest by purchasing power party.. In the 21st century, India is an emerging economic power with vast human and natural resources, and a huge knowledge base. Economists predict that by 2020,[10] India will be among the leading economies of the world.Courtesy:- wikipediahttp://en.wikipedia.org/wiki/Economy_of_India
What is south Africa's economy strengths?
South Africa's economy strengths include its well-developed financial sector, rich natural resources such as gold and platinum, diversified industrial base, and strong agricultural sector. The country also has a relatively well-developed infrastructure compared to many other African nations.
How does entrepreneurial resources effect a countries economy?
Entrepreneurial resources can affect the economy of a country if these resources are utilized to supplement companies or in fact create new companies. If successful then it often results in a higher employment rate for that country. It may also increase the tax base & revenues of local, state, and federal governments. If these resources result in failure then the upward boast from their beginnings is deflated. If the resources are not utilized at all, then the economy generally speaking sees no affect or return on any profits that they might have created.
What did the US Civil War do to the economy of the South?
The Civil War ruined the Southern economy because most of the battles were fought in Southern states. Farmlands had been destroyed and the few factories they had were either badly damaged or also in ruins due to the battles. The Southern economy of 1860 has been measured by historians and economists. Using 1860 as a base, it was not until 1900 that the Southern economy had even reached 75% of its 1860 output. Another reason for the lack of a rebound in the Southern economy was the loss of Southern soldiers. Both sides in the war lost about the same amount of soldiers, however, the losses in the South had a greater impact because the overall Southern population, minus the slave population, was about nine million. The North had about 23 million. With that said, a large part of the available working men in the post war period was simply not there.
What was the economy base of Bohemia in 1848?
good bad economy
What are major resources?
Major resources are the materials, the environment or the people of a place that are readily available on which that place can base their economy. For example, Austria has minerals such as iron ore, copper, zinc, etc. and the Cayman Islands has the climate and beaches that foster tourism.
How does Mexico make the exports it does?
With the many natural resources it has, including silver, copper, iron and petroleum. It also has a developing industrial base, which transforms those natural resources into finished products that can be sold within Mexico or exported to foreign markets. See related questions for further detail.
