During half the 1800s, the south economy relies on the plantation system. Thus the correct answer is D.
<h3>What is the economy?</h3>
An economy of the country is defined as the production and consumption of goods taking place in a country that determines the purchasing parity of individuals and the flow of cash in the market.
The plantation system mainly refers to agricultural activities where crop production will be done and crops sells in the market. Mainly cotton was the most profitable for selling in the market.
The cost invested in doing plantation was lower than the profit achieved. Therefore, option D is appropriate.
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Answer:
Before the establishment of the Federal Reserve System, the West was faced with financial crises. There were instances ok which there were a form of crises which led to fears and worries by bank customers. The people ran to their banks to withdraw their deposits. The failure of one bank often had a ripple effect in which customers of other banks rushed to withdraw funds from their own banks even if those banks were not involved in the crisis.
Banks needed a source of emergency reserves to prevent customer fears and banks being driven out of business.
This led to the set up of the Federal Reserve Act.
The Federal Reserve System was created to tackle these banking issues and also to make possible fostering a sound banking system and healthy economy.
I would say trains, airplanes, cars, and list some more inventions that were made long time ago.
hope that this helps you. =)
Not all land was suitable for the growth of cotton.
While the south was generally good for growing cotton, it couldn't be grown everywhere. The right soil and water conditions were needed to grow cotton and preferably would be grown on a large, flat piece of land as well. Unlike cotton, rice grows best in wet soil and tobacco grew well in the climates of Virginia, Kentucky, and Tennessee.
