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Why did the cotton industry disappear?

The cotton industry has not disappeared. Cotton is more popular than ever, due to the organic movement. Many people prefer cotton over other materials.


What steps did John D Rockefeller take to amass his fortune?

That's a long story. The short answer is he slowly bought out oil refineries across the nation and consolidated them into a large conglomerate called Standard Oil... Which at it's height controlled the entire market, creating a Monopoly. A result of his actions made him one of the most wealthy entrepreneurs who ever lived.


What are the main industries of Illinois?

Manufacturing is a prominent industry in Illinois. It brings billions of dollars in revenue to the state and includes thousands of facilities. The largest producers come from the chemical and mechanical fields.


How has Nike's business model changed the nature of industry competition?

Nike's business model has shifted from traditional retail to a direct-to-consumer approach, leveraging e-commerce and digital marketing to enhance customer engagement and brand loyalty. This shift has intensified competition by forcing traditional retailers to adapt quickly to changing consumer preferences and invest in their own digital strategies. Additionally, Nike’s focus on innovation and sustainability has set new industry standards, pushing competitors to prioritize product differentiation and ethical practices. As a result, the competitive landscape now emphasizes agility and consumer-centric strategies more than ever before.


What is the cheapest house ever sold?

6p