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The Southern were quite well in the economic atmosphere at the time. The Southern Colonies, in fact, held the largest share of colonial wealth by 1774, out of 13 colonies. The wealth of the colonial grew in spite of the rather primitive state of financial system. Most of the time financial services were provided by merchants who gave their buyers credit. Also, there were no banks or financial stock markets to handle financiap transactions.
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According to the context, Pitirim Sorokin's belief that societies have a natural tendency toward social change is called the principle of immanent change.
<h3>What is social change? </h3>
It is a modification or fluctuations experienced by the structure of a society in relation to its norms, values or forms of government, Pitirim Sorokin addressed social differentiation, social stratification, and social conflict.
Consequently, he believed that human history, rather than tending in a linear sense towards progress, is subject to a continuous succession of fluctuations toward social change, he called this process the principle of immanent change.
Therefore, we can conclude that according to the context, Pitirim Sorokin's belief that societies have a natural tendency toward social change is called the principle of immanent change.
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Essentially they represented the King and his opinions/ values, they made recommendations that they thought the King would approve of.
The Mexican Cession was acquired in 1848, as a result of a peace treaty after the Mexican-America War. The Gadsden Purchase was a purchase of land from Mexico, negotiated by the Ambassador to Mexico John Gadsden in 1953 for the equivalent of today's 260 million dollars.