New South<span>, </span>New South Democracy or New South Creed is a phrase that hasbeen used intermittently since the American Civil War to describe the AmericanSouth<span>, </span>after 1877.
The term<span> "</span>New South<span>" </span>is used in contrast to the Old South of the plantationsystem of the antebellum period.
The original use of the term<span> "</span>New South<span>" </span>was an attempt to describe anindustrial and less slave reliant South.
The industrial revolution of the North greatly influenced the<span> "</span>New South<span>." </span>Theantebellum South was largely agrarian and sought to preserve its culturalidentity in departing from the Union<span>, </span>which led to the irrepressible conflict.
Richard H. Edmonds of the Baltimore Manufacturers Record was anotherstaunch advocate of New South industrialization.
One way of envisioning the New South was the socialist Ruskin Colonies.
The historian Paul Gaston coined the specific term<span> "</span>New South Creed<span>" </span>todescribe the hollow promises of white elites like Grady that industrializationwould bring prosperity to the region<span>.</span>
<span> do not know what you definition of "end of the century" is, here are the phases of development of the German economy since WW II: </span>
<span>after introduction of German Mark in 1948/1949 until 1973: "Economic Wonder", high growth rates, decreasing unemployment to the point where we hired foreign workers from Italy/Greece/Portugal/Spain, </span>
<span>1973: Oil shock and stagflation: growth rates reduced to 2 - 3 % average until 1990, high inflation which went down by the end of he period to 2 %, rising unemployment up to 8 % </span>
<span>1990: Re-Unification with Eastern Germany triggered a short term high growth rate, but also unemployment increased to nearly 10 % by end of century, economical growth GDP around 1 - 2 %, </span>
<span>significant increase in government debt and deficits as huge investment in East German infrastructure and retirement/health care/ unemployment system. By the end of the century Germany was considered "the sick man of Europe". </span>
<span>From 2002: "Agenda 2010" with major labor market reforms lead to higher employment (today around 6 %), and significant reduction in deficit: today just 8 bn $ and growth rats 2 - 3 % per year.</span>
I don't quite understand the answer you gave.
During the cold war, the policy that discouraged attack by threatening nuclear war was known as "nuclear deterrence" since if both the USSR and the US were to fire these weapons at each other it would have led to unprecedented destruction.
A. White leaders realized that the policy was hurting the country's economy and international reputation!
Hope this helps!
