Answer:
The Italian cities states cut off from the trade with Asia lost power and wealth. Florence with its wool trade with England and northern Europe became the most powerful city state in Italy. Trade with Asia was and still is vital to the wealth and power of nations. With trade the Italian City States prospered
No it wasn't the engine of economic growth
Answer:
The Sherman Antitrust Act was the first antitrust legislation to be passed by the United States Congress. Specifically, the act attempted to prohibit business practices that attempt to monopolize the market, as well as anti-competitive agreements that push small enterprises.
Explanation:
Yes
The South faced much more hardship economically during the war (because their agricultural economy based on slave labor made mobilization of resources more difficult while the North's economic and industrial capacity soared during the war as it continued its rapid industrialization). In the South, the biggest problems were lack of labor, poverty and poor relief, especially in times of acute food shortages. Also, their money had no base and was ultimately worthless, making buying and selling goods extremely difficult. They couldn't get aid from foreign nations due to their lack of capital and resources to spare (and when cotton and other cash crop fields were destroyed and lost money, it was a nail in the coffin). The North, on the other hand, had a solid economy with money well-backed by gold and silver. Their industrialization also meant that the main problem faced, which they could recover from and work through, was labor shortages (from all men going to fight).
