Most of the South became too dependent on one crop. The south lost out on the urban growth needed for an industrial economy. The South also lacked the commercial towns so common in the Northeast and Midwest. The stunt commercial development in the South did not attract the immigrants who needed wage work. Lastly, The South's limited consumer demand discouraged southern entrepreneurs from building factories. It was more profitable to buy a plantation.
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Before the civil war it didn't affect the south, but after the war began the north had all the industrial growth and could produce things needed for fighting a war.
The demand for cotton affect the social and economic life of the South by creating a system of slave plantations, a rich aristocratic class which owned 90% of the slaves
When the people start throwing the rocks at you.
The music industry has a huge affect on the community. Our children, they hear and see it all and they think what they hear or see is what everyone is doing.
how does inflation affect hospitality in nigeria industry
Every day has been greatly affect by changes in the industries. People drive cars for example because of advancements in the auto industry.
The south's greatest weakness was its economy, the north barricaded them on the seaboard, so the south had no money from their cotton industry. They also had no food for their soldiers because the food factories were in the north.
It might benefit tourisim, and and the economy but you must remember that a global recession is on , and will it affect the competition.
Since the industry in the south was mostly agricultural, slavery allowed for inexpensive manpower to produce cotton and tobacco, which were the mainstays of the economy.