Answer:
- <u>Externalities effect:</u>
Now in simple terms we can have a definition that,"when there are some effects produced inside an market place, which will then contribute to some changes inside the economy of a civilized region are called as the externalities are effects.
Explanation:
For example:
Lets, suppose we have cattle in a farm and they will obviously have the feature to produce waste material that will make the soil more fertile. And then we have our crops all grown up healthy and large in number. So, we will get a good market value of that crop been sold. And it was all due to the contribution of cattle's in providing the optimum amount of waste products to add value to the soil fertility.This effect produced by the cattle's waste product is called as the externalities effect.
It is difficult to generalize the situation of the white population after the Civil War, as it varied across regions and social classes. The North was less affected by the Civil War, and its economy improved in the post-war years. This continued to be focused on manufacturing. The North also received a large influx of immigrants, both from the South and from Europe.
In the South, the situation was different. The war brought enormous disruption to the region, not only in economic terms, but also in terms of social identity. Therefore, the backlash against the black population was stronger, and many of the goals of the war could not be achieved during the Reconstruction period.
You get a visual representation
Made it difficult to free slaves
very very very very difficult
