<u>The urbanization introduced the following changes in the south in the mid-1800s:
</u>
The trade of slaves brought from the African countries increased.
Having slaves became a status symbol.
People moved to bigger towns in order to fetch better economic gains out of their work.
Industrial jobs increased and there was mass abandoning of agriculture in many places.
Peoples standard of living hyped up.
<u>Explanation:</u>
The urbanization that followed the industrial revolution added to the demand of more slaves and thus boosted the trade of slaves particularly in the south (because slavery was illegal in the states of the north).
Rapid industrial growth in the urban areas and formation of new towns attracted people towards these towns and thus, agriculture started being given less importance.
Many such changes were introduced by growing urbanization in the south in the mid-1800s.
Urbanization became famous during industry revolution. There were factories being built and also there were more agricultural workers attracted to the work available then in the cities and also there were new immigrants that increases the population of the cities.
Answer: A higher dependency ratio is likely to reduce productivity growth. A growth in the non-productive population will diminish productive capacity and could lead to a lower long-run trend rate of economic growth.
