Southern banks struggled to support industrial development.
southern banks struggled to support industrial development
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.
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 Economic Recovery Tax was passed in 1981
Which of the following resulted from the Economic Recovery Act of 1981
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southern banks struggled to support industrial development
southern banks struggled to support industrial development
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.
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 economic recovery of Europe.
The Economic Recovery Tax was passed in 1981
yo my crackalacka
Which of the following resulted from the Economic Recovery Act of 1981
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.
recovery recovery
recovery is the end of recession or decline.