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The middles colonies had rich farmland and a moderate climate. This made it a more suitable place to grow grain and livestock than New England. ... The Southern colonies had fertile farmlands which contributed to the rise of cash crops such as rice, tobacco, and indigo.
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Millions of farmers defaulted on their debts, placing tremendous pressure on the banking system. Between 1920 and 1929, more than 5,000 of the country's 30,000 banks failed. ... A poor distribution of income compounded the country's economic problems
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Modernization turned Japan into a major world power. They were able to rapidly industrialize and build a powerful military. This allowed them to acquire an empire in East Asia, and even defeat Russia during the Russo-Japanese War from 1904-1905
The Articles of Confederation prevented the government from taxing, forming a defense, and provided no justice and law-making system. The Constitution formed a permission to tax and a tax regulation, allowed congress to form a defense system, and formed a bicameral legislative system. The Constitution also established the court systems and the supreme courts.