The need for slavery increased too. The South were dependent on enslaved people to grow their crops.
Answer:
Factories and Farms were producing more goods than the people could afford to buy. As a result, prices fell, factories closed and workers were laid off.
Explanation:
N order to compete with western nations Japan began modernizing its politics and economy in 1868 in a process called "industrialization," since the Industrial Revolution had already taken place in the west. <span><span>
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The economic structure of society is based upon division of labour in which the professions and economic activities of people are different or dissimilar. The culture of society prospers with the differences in thoughts ideals, viewpoints, etc. No two individuals are alike in their nature.