The correct answer is C. There were not many banks to finance businesses.
In 1860 the South was still predominantly agricultural, highly dependent upon the sale of staples to a world market. By 1815, cotton was the most valuable export in the United States, by 1840 it was worth more than all other exports combined. But while the southern states produced 2/3 of the world’s supply of cotton, the South had little manufacturing capability, about 20% of the railroad tracks, but only 13% of the nation’s banks.
Effects such as the Smoot-Hawley tariff act raised tariffs to and all time high but was actually meant to help but ultimately failed, causing a sped up process towards the Depression.
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Answer:
Boundary lines were determined by political claims rather than cultural characteristics of regions.
Explanation:
The European colonial powers divided the Black Continent along their colonies´areas and spheres of influence. Then and even now, drawn borders did not take into account cultural and ethnic factors; colonialists separated peoples and cultures without thinking about them and the consequences. Today´s African borders are above all a colonial heritage and the cause of many conflicts and disputes.
Answer:
capital goods
Explanation:
Any resources that are made by humans and used to create other goods and services are called capitals
