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Southern banks struggled to support industrial development.

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Anonymous

5y ago

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Which limited the economic recovery of the south?

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What was a factor that limited the economic recovery of the south after the civil war?

southern banks struggled to support industrial development


What was the factor that limited the economic recovery of the south after the civil war?

southern banks struggled to support industrial development


What is the factor that limited the economic of the south after the civil war?

After the Civil War, the economics of the South were primarily limited by the destruction of infrastructure and the loss of labor due to the abolition of slavery. The plantation system, which relied heavily on enslaved labor, was dismantled, leading to a significant decline in agricultural productivity. Additionally, the lack of access to capital and investment hindered industrial development, while social and political instability further stifled economic recovery. These factors collectively contributed to the South's prolonged economic struggles during the Reconstruction era and beyond.


Where can I find a definition of 'economic recovery'?

One can find the definition of economic recovery at Wikipedia. Economic recovery is a period of increasing business activity that signals the end of a recession. Therefore economic recovery is when economic growth turns from negative to positive.


The Truman doctrine resulted in what?

the economic recovery of Europe.


When was the Economic Recovery Tax passed?

The Economic Recovery Tax was passed in 1981


What was the perception of the north reintegration vs the south economic recovery reevaluation of reconstruction after the civil war?

yo my crackalacka


What did the economic recovery act of 1981 do?

Which of the following resulted from the Economic Recovery Act of 1981


What factors limited southern economic recovery?

Public education was limited. South spent less than any other part of the country on education and it lacked the techical & engineering schools that could've trained the people needed by industry. Low wages coming to the South, and the lure of higher wages or better conditions elsewhere siphoned off southern workers. - word for word from in my textbook.


What is coming out of economic recession called?

recovery recovery


What is economic recovery?

recovery is the end of recession or decline.