Answer:
(D). Potential development of substitute products and bargaining power of consumers
Explanation:
According to Michael Porter, <u>there are five forces that should be analyzed to determine the degree of competitiveness in any industry</u> and they include; the bargaining power of suppliers, the bargaining power of consumers, threat of new entrants, threat of substitute products and the rivalry among competing firms in the industry.
Cotton was short and weeds were tall North Carolina had to import some of its food during the 1930s farmers left their land for the mills and mines of cities
The answer is Technology.