Why was it difficult to build new businesses in the south? (1 point) a. all of the raw goods were shipped to the north. b. there was no demand for products. c. there were not many banks to finance businesses. d. there were no raw goods available.

The correct answer is C. There were not many banks to finance businesses.

In 1860 the South was still predominantly agricultural, highly dependent upon the sale of staples to a world market. By 1815, cotton was the most valuable export in the United States, by 1840 it was worth more than all other exports combined. But while the southern states produced 2/3 of the world’s supply of cotton, the South had little manufacturing capability, about 20% of the railroad tracks, but only 13% of the nation’s banks.

i thinl it is the 1st answer

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according to about.com, the long-term effects of the french revolution were profound on humanity and society. the effects of the french revolution secured political and economic gains for the lower class. the french revolution shaped politics, religion and beliefs. it developed liberalism and eliminated traditional laws. the effects included counter-reaction tactics, which defeated napoleon and produced totalitarianism ideals.