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Except for cheaper resources, industrial enterprises such as textile mills began to relocate to the South for the reasons listed below. So, option (D) is the correct answer.
<h3>Why did the textile mills move to the South?</h3>
In the 1880s, merchants in search of fresh, more solid investments began to establish textile mills in the South.
Faced with poor economic situations, farmers relocated to textile villages and began working in the mills with their families.
Industrial businesses, such as textile mills, began to relocate to the South because of less expensive business constraints, land, and labor.
Therefore, option (D): "less expensive resources are the correct answer.
Check out the link below to learn more about textile mills;
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Answer:
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Explanation:
Free silver is one of the major economic policy started in the late 19th century.
Explanation:
The main objective of free silver movement leads to acceptance of mints and this will lead to the process of silver bullion following a principle that is after processing the silver coin the coins are paid to the depositors . The silver coins' monetary value dependent on government fiat , it did not depend on the commodity value of various content and thus leading to silver strikes and thus the price of the silver fell.
Many organisations wanted inflationary monetary policies that would help debtors to pay their debts at a cheaper rate as well as with dollars that was readily available and those suffered due to this policy were the creditors, they were mainly the landlords and the banks.
