In theory, a market economy with many producers will most efficiently provide products. The reason for this, is that a market economy is ruled by consumers' needs and wants (as opposed to what the government thinks should be) and producers will compete to satisfy these market's needs.
Answer: They were based on managing resources and goods
Explanation:
Henry Grady is the managing editor of Atlanta Constitution; leading advocate of a "New South;" he also promoted industrial development with Atlanta as its center of growth. The original use of the term "New South" was an endeavor to label the growth of a South after the Civil War which would no longer be reliant on now-outlawed slave labor or primarily upon the raising of cotton, but rather a South which was also industrialized and part of a modern national economy. In other words, Henry Grady envisioned a south that would have a mixed economy as well as be industrialized rather than one based around single-crop plantations.
