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A major characteristic of a pure market economy is?

An oversupply of labor


Was the major economy of the southern colonies?

The South was a cash crop economy of cotton and tobacco.


What are the major states in southern US?

The major states in the Southern US (determined by population, economy, etc.) are Texas, Florida, Georgia, North Carolina, and Virginia.


What was the major economy of the southern colonies?

The South was a cash crop economy of cotton and tobacco.


Which body of water played an important role in the economy of the southern colonies?

The Atlantic Ocean played a major role in the economy of the souther colonies. The southern colonies made large profits exporting good such as tobacco, indigo and rice.


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 was a major characteristic of humanism?

A major characteristic of humanism is an appreciation for the basic work of individual achievement.


What was a major characteristic of humanism in Europe?

A major characteristic of Humanism in Europe is an appreciation for the basic work of individual achievement.


In what major countries of southern Europe has agriculture declined in importance?

Portugal & Greece. Italy has gone from a mainly-agricultural country, to a leading industrial economy.


What major characteristic of humanism's was in Europe?

A major characteristic of Humanism in Europe is an appreciation for the basic work of individual achievement.


What was not a major cash crop of the southern colonies?

Rice was not a cash crop for the southern colonies but tobacco, indigo, and corn wheat were. In addition, perhaps the biggest cash crop grown in the southern colonies was cotton. The South grew to rely so heavily on cotton and the money it generated that it began to direct their society, leading to the Southern dependence on slavery.


What was the last major southern victory?

state of last major Southern victory