Asked by
robbie quinlan
on Dec 11, 2024Verified
Why did the South fail to attract significant economic development in the wake of Reconstruction?
A) Northern investors stayed away, appalled by southern race relations.
B) Northerners considered a South without African-Americans in chains too risky for investment.
C) Investors looked for cheap labor and low taxes, but made few capital investments in the region.
D) Southern white supremacists tended to scare off northern capital industries.
E) Southern Klansmen scared away many interested investors.
Economic Development
The process by which a nation improves the economic, political, and social well-being of its people, often measured by increases in per capita income and quality of life.
Reconstruction
The period following the Civil War (1865-1877) during which the United States attempted to address the issues arising from the readmission to the Union of the 11 states that had seceded.
Northern Investors
Businesspersons or companies from the northern United States who invested capital, especially in the development of the southern states and various industries.
- Comprehend the historical backdrop and importance of the Redeemers' period in the Southern United States.
- Acknowledge the evolution of labor movements and their influence on American society.
Verified Answer
AS
Learning Objectives
- Comprehend the historical backdrop and importance of the Redeemers' period in the Southern United States.
- Acknowledge the evolution of labor movements and their influence on American society.