"Antebellum transportation improvements encouraged the South to specialize in cotton, while depending on the West for food and the Northeast for manufactured goods.". This statement

a. describes Rostow's stages of growth model.
b. describes North's interregional growth hypothesis.
c. describes Thomas Jefferson's vision of the US economy.
d. is supported by most contemporary economic historians.

b. describes North's interregional growth hypothesis.

Economics

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On January 25, 2009, one U.S. dollar traded on the foreign exchange market for about 1.15 Swiss francs. Therefore, one Swiss franc would have purchased about ________ U.S. dollars

A) 0.30 B) 0.87 C) 1.15 D) 3.10

Economics

To calculate a firm's per unit of output profit, it is necessary to subtract

a. price from cost per unit. b. price from resource costs. c. cost per unit from product price. d. cost per unit from cost of resources.

Economics