<span>The economies of Georgia and South Carolina boomed in the 1790's as a result of the manufacture of cotton. With the cotton gin invented by Eli Whitney US production of cotton soared and the majority of that production was in Georgia and South Carolina, improving the economies of both states as a result.</span>
In general, an economic recession refers to when a country or state is undergoing a period of slow economic growth (sometimes the growth is negative). It is less severe than a depression.
A free market system is where the government has no rule over the market system and canot make eny rules on it
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Explanation: Independence, see List of incidents of civil unrest in Colonial North America. Wikipedia has articles on most of the major episodes of civil unrest.