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One measure of industrial development in the South was the growth of industry

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One measure of industrial development in the South was?

cotton


What was true about the rapid increase of U.S. cotton exports?

It encouraged industrial developments across the world


Do you think the south should have paid more attention to its industrial growth why?

Yes, the South should have paid more attention to its industrial growth, as it could have diversified its economy and reduced its reliance on agriculture, particularly cotton. By investing in industrial development, the South could have created more job opportunities, improved infrastructure, and enhanced overall economic resilience. This shift could have mitigated some of the economic challenges faced during and after the Civil War, fostering a more balanced and sustainable growth trajectory.


Where in south Asia is rapid industrial development taking place?

Bhutan


What was the movement called that look to create industrial development and progress in the south?

reconstruction


What limited the economic recovery of the south?

Southern banks struggled to support industrial development.


What factors contributed to the development of the industrialization in the northwest rather than in the south us?

Several factors contributed to the development of industrialization in the Northwest rather than in the South. The Northwest had abundant natural resources, such as timber and minerals, and access to waterways for transportation, facilitating trade and manufacturing. In contrast, the South's economy was heavily reliant on agriculture, particularly cotton, which limited investment in industrial infrastructure. Additionally, the Northwest attracted a diverse population and capital investment, fostering innovation and industrial growth.


What series of events triggered the industrial growth in south Africa?

The industrial growth in South Africa was primarily triggered by the discovery of diamonds in Kimberley in 1867 and gold in the Witwatersrand in the 1880s, which led to an influx of investment and migration. The subsequent mining boom necessitated the development of infrastructure, such as railways and ports, to support the export of minerals. Additionally, the establishment of a strong financial sector and the influx of foreign capital fueled industrial expansion. The economic policies during the apartheid era further institutionalized these developments, leading to a more diversified industrial base over time.


Do you think the south should have paid more attention to industrial growth?

Yes,the South should have paid more attention to its industrial growth.People out there were building machines and making inventions.But the South focused too much on the crops and the cotton.


What key feature of the south was an obstacle to industrialization?

A key feature of the South that impeded industrialization was its reliance on an agrarian economy, particularly the plantation system dependent on slave labor. This focus on cash crops like cotton and tobacco limited investment in industrial infrastructure and diversified economic development. Additionally, the South's lack of transportation networks, such as railroads, further hindered the movement of goods and resources necessary for industrial growth.


Do you believe that overall policy in the form of the newly released new growth path and the industrial policy action plan together with the budget support the development of small business in south a?

Yes, the newly released New Growth Path and the Industrial Policy Action Plan, along with the budget, demonstrate a commitment to fostering small business development in South Africa. These policies aim to create a more conducive environment for small enterprises through targeted support, access to funding, and skills development. By prioritizing small businesses, the government seeks to stimulate job creation and economic growth, addressing key challenges faced by this sector. However, effective implementation and monitoring will be crucial for achieving the desired outcomes.


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

southern banks struggled to support industrial development