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Why didnt the south develop industry before the civil war?

Southerners were plantation farmers, so they didn't invest in the industry. Instead, they invested in slaves.


When do businesses invest heavily in capital goods?

Businesses invest heavily in capital goods when companies may build new plants or buy new equipment in their plants.


Why did Southerners lack capitol to invest in business?

The wealth of Southern plantation owners were primarily invested in what they were most familiar with. That meant cotton and tobacco plantations and the slave power required to perform the labor of planting and harvesting. This was fine as long as the US remained united. The outbreak of the US Civil War, exposed the weakness of the Southern economy.


What is the maximum wage of a plantation owner?

A plantation owner would not have a wage. A wage is what you pay an employee. All the money - and all the bills - goes to the owner. He gets to decide how much he'll spend on himself, how much to save and how much to invest in either the plantation or in something else.


Who can invest in banking sector funds?

Usually there are no restrictions as to who can invest in a particular type of fund. If you are asking, who would want to invest in banking funds, the answer is: anyone who feels that the banking industry will continue to grow and generate profits for the investors can invest in them.


How do you beat level nine on roller coater creator?

re-evaluate your economical status and invest heavily in vender stands.


How much does Alcohol Industry spend on Advertising each year?

The alcohol industry spends approximately $2 billion annually on advertising in the United States alone. This figure can vary by year and region, as companies invest heavily in marketing their brands across various platforms, including television, digital media, and sponsorships. Global spending on alcohol advertising is higher, reflecting the industry's significant marketing presence worldwide.


This industrialist used his pay as an assistant to a railroad man to invest in industry?

Andrew carnegie.


How does the music industry take an unknown musician and making them famous?

First the music industry is in business...they invest in ur gift and suck you too


What did john d Rockefeller invest in?

John D Rockefeller made a monopoly in the oil industry.


Why did New England's industries have slow growth?

Because colonies had little money to invest in industry.


What did John D Rockefeller invest in 1860?

Well he invested a lot of his money into his business which was in the Oil Industry.