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Prior to the US Civil War, the South's commercial agricultural economy was based on such factors as:
A. Plantations worked primarily on cheap slave labor made the South's economy a viable one;
B. The two major crops of the South were cotton & tobacco. Both in the Northern US States and in the world's markets, these two crops were in high demand for most of the 1800's before the Civil War; and
C. Cotton was essential for textile mills in the North and in Britain. Tobacco was a "recreational" product also in high demand.
What else can I help you with?
What factors gave rise to colonial commercial enterprises what obstacles did these enterprises have to overcome and what effected did their success have on the colonial economy?
Practical considerations, such as commercial enterprise, overpopulation and the desire for freedom of religion, played their parts. The main waves of settlement came in the 17th century.
What are the 2 factors that brightness of a star is determined by?
How dense it is, and how far away it is.
How repo rate is calculated?
The repo rate, or repurchase rate, is determined by a country's central bank as part of its monetary policy framework. It is the interest rate at which commercial banks borrow funds from the central bank, typically against government securities. The central bank sets this rate based on various factors, including inflation targets, economic growth, and liquidity in the financial system. Changes in the repo rate influence other interest rates in the economy, affecting borrowing and spending.
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war, natural disasters, crime and even an bad economy
Does a perfect square number have and even or odd number of distinct factors show how you determine your answer?
Odd. I determined my answer by looking at the number of factors of a square number.
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1) Naturally Fertile Soil2) Warm Climate3)4)
Which factors encouraged the development of an agricultural economy in the southern colonies?
a mild climate, rich soil, and a long growing season
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The shape of the marginal social benefit curve in a market economy is determined by factors such as consumer preferences, externalities, government regulations, and the availability of substitutes.
What determines the value of money in an economy?
The value of money in an economy is determined by factors such as supply and demand, inflation rates, interest rates, and overall economic stability. These factors influence how much a currency is worth in relation to goods and services, as well as other currencies.
What factors determine the demand for capitol goods in a market economy?
The demand for capital goods in a market economy is determined by factors such as the level of investment, technological advancements, interest rates, and business confidence. These factors influence the willingness of businesses to invest in new equipment and machinery to improve productivity and expand their operations.
What are the key factors for participating in the information economy on a global basis?
The transition requires that the rules and practices that determined success in the industrial economy need rewriting in an interconnected, globalized economy where knowledge resources such as know-how and expertise are as critical as other economic resources.
What are the key factors for participation in the information economy on a global basis?
The transition requires that the rules and practices that determined success in the industrial economy need rewriting in an interconnected, globalized economy where knowledge resources such as know-how and expertise are as critical as other economic resources.
What two factors determined the south's agrarian economy?
the production of cotton and other products and trading with other places like foreign areas or other states
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What factors are contributing to the current 2008 inflationary situation in the Indian economy?
1. International Crude Price 2. Higher Agricultural commodity Price 3. much liquidity in Market
What is the The study of the agricultural industrial and commercial activities of man on the earth's surface is called.?
The study of the agricultural, industrial, and commercial activities of humans on the Earth's surface is known as economic geography. This field examines how these activities are distributed spatially, their relationship with the environment, and the socio-economic factors that influence them. Economic geography also explores the impacts of globalization and technological advancements on these activities.
What are some factors the economy depend on?
industrey and agriculture are two main factors on which economy depends
