If the world price of cotton falls, firms will be less willing to supply cotton. Therefore, fewer cotton firms may open, or few people will be employed in the cotton-producing industry; therefore, the demand for labour for cotton-producing firms in South Carolina will decrease.
Since the world price of cotton falls, a textile-producing firm in South Carolina which uses cotton as only one aspect of their textiles, textile firms can buy more cotton since it's cheaper and will reduce costs. Since this is the case, the demand for cotton will increase. Because of this, more textiles need to be made, and so the demand for labour increases as a result.
The unemployment resulting from such sectoral shifts in the economy is best described as structural since demand for labour is decreasing in the primary sector and increasing in the secondary sector of the industry.<span>
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Biologically diverse species of biological diversity are ones who adapt to wide range of environments, climates and diets.
Biodiversity is the all different kinds of life found in one area from the variety of plants, animals, fungi and even microorganisms that make up our natural world. Three types of biological diversity conservation are Genetic, Species and Ecological biodiversity. It helps in support and production of various ecosystems globally and attach economic importance.
Biologically diverse species are different species in a particular area which include blue whale, white pine trees, sunflower,etc. they are group of living organisms that can interbreed. Brazil is the most biologically diverse.
To learn more about biological diversity here
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Answer:
It allowed farmers to quickly ship cotton to port cities for transport to overseas markets.
Explanation:
The invention of the steamboat in the early 1800s promoted economic development in Georgia by allowing farmers to quickly ship cotton to port cities for transport to overseas markets.
The steamboat became a crucial part of the revolution in transportation. It became a defining aspect of the cotton kingdom. The Mississippi River was an essential water highway in United States that helped the South. The steamboats helped to transport cotton on the plantations from the South to the port at New Orleans. From there, tge cotton was carried to Liverpool, England where British manufacturers who ran cotton mills bought them. It actually led to creation of new wealth and new residents to that city.
Some tribes did leave without resistance; however, many of them were forced to walk the “Trail of Tears” west. It was called the “Trail of Tears” due to its huge death toll, almost 4,000.