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What product played a critical role in the development of the economy in the south?
Cotton played a critical role in the development of the economy in the South, particularly during the 19th century. The invention of the cotton gin made cotton production more efficient, leading to a boom in the cotton industry. This not only increased the demand for slave labor but also established the South as a dominant player in the global cotton market, shaping its economic and social structures. The reliance on cotton contributed significantly to the region's wealth and was a major factor leading up to the Civil War.
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What is the role played by entreprenuers in the economy of the county?
The role played by entreprenuers in the economy of the country is that they create the jobs that put people to work. This allows people to make income that they can used to put back into the economy.
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
What played the most important part in the growth of the West's population and economy between 1865 and 1900?
The manufacturing industry played the most important part in the growth of the West's population and economy between 1865 and 1900. The economy grew up to 400 percent because of the manufacturing industry.
How did economics play a role in European colonies in the 19th century?
Well, imperialism played a role. but the economy played a role.
What product emerged with silver as one of the most valuable exports from the Americas?
Silver emerged as one of the most valuable exports from the Americas during the colonial period, particularly with the discovery of rich silver mines in regions like Potosí in present-day Bolivia and Zacatecas in Mexico. The influx of silver significantly impacted global trade, fueling the Spanish economy and contributing to the rise of European mercantilism. This wealth also played a crucial role in the development of the transatlantic trade network, linking the Americas, Europe, and Asia.
What is the importance of indentured servants?
Indentured servants played a critical role in the early American economy as a source of cheap labor for tasks such as farming and construction. They provided a way for individuals to pay for passage to the New World by agreeing to work for a set period of time. Despite being a form of temporary servitude, they were instrumental in the development of the colonies and the growth of the economy.
How old is American logging?
In the United States logging is older than the nation itself, and wood products have played a central role in the economy's development.
What is the Roll of marwari community in orissa economy?
its the same role played by marwari community in kolkata where 90% of the business is run by them ie the establish their business in eastern and accelerate the development of these states.
What major product was produced in the southern US in 1860?
In 1860, the major product produced in the southern United States was cotton. The region's economy heavily relied on cotton cultivation, which was facilitated by slave labor and the invention of the cotton gin. This crop was a key driver of the Southern economy and played a significant role in the antebellum period, making the South a leading supplier of cotton to both domestic and international markets.
What is the role played by entreprenuers in the economy of the county?
The role played by entreprenuers in the economy of the country is that they create the jobs that put people to work. This allows people to make income that they can used to put back into the economy.
What role did tobacco play in the economic development of the colonies?
Tobacco played a significant role in the economic development of the colonies by becoming a major cash crop that generated substantial profits for the colonists. The cultivation and export of tobacco helped to stimulate trade and commerce, leading to the growth of the colonial economy.
What textile product had been most important in Britain?
The most important textile product in Britain historically was wool. Britain was known for its sheep farming and wool production, which played a significant role in its economy and trade. Wool was used for making various products like clothing, blankets, and carpets.
What coinage is Lydias most important?
The most important coinage in Lydia was the Electrum coin, which was a mixture of gold and silver. These coins were the world's first standardized coins and played a crucial role in the development of a monetary economy in the region.
How did the economy help the colonies?
The economy played a crucial role in the development of the colonies. It helped provide economic opportunities for colonists, such as farming, trading, and manufacturing, which contributed to their prosperity and growth. The colonies also benefited from trade with other countries, which boosted their economy and allowed for the importation of essential goods and resources.
What was critical to life in the suburbs in the 1950s?
In the 1950s, the expansion of highways and automobiles played a critical role in shaping life in the suburbs by facilitating easier commutes to cities for work. Additionally, the availability of affordable housing and the GI Bill's support for veteran home loans helped fuel suburban growth. The rise of consumer culture and the development of shopping malls also played a significant role in defining suburban life in the 1950s.
Who invented the tube?
The tube was initially invented by Heinrich Geissler, a German physicist, in the mid-19th century. His invention of the Geissler tube, an early version of the vacuum tube, played a critical role in the development of modern electronic technology.
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
