March 4, 1913 – March 4, 1921
After the Civil War and reconstruction the New South became more diversified. It was mainly agricultural before but the new embraced the industrial part as well.
It was Abraham Lincoln’s choice, but John Todd Stuart (fellow politician and attorney) strongly influenced him to make the decision
Economic growth can only be seen when there is an increase in quality and quantity of the factors of production so clearly it is a function of these factors. The purpose of economic organization – including all labor – is to create things that people value. Economic growth occurs when more and cheaper goods can be created.
<span>The Farmers' Alliace was an organized agrarian economic movement amongst U.S. farmers that flourished in the 1880s. One of its goals was to end the adverse effects of the crop-lien system on farmers after the Civil War. As an economic movement, the Alliance had very limited and a short term success.</span><span>
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