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– The rebuilding and extension of Southern railroads. – Industrial growth was limited because they handled the early, less profitable stages of manufacturing, such as producing lumber or pig iron.The RFC was funded through the United States Treasury. The Treasury provided $500 million of capital to the RFC, and the RFC was authorized to borrow an additional $1.5 billion from the Treasury. The Treasury, in turn, sold bonds to the public to fund the RFC.Why did planters have difficulty finding people to work for them? Nobody liked to pick cotton in the hot sun, which seemed like slavery. Why did sharecroppers rejoice at the chance to become tenant farmers? Tenants chose which crops to plant and when and how much to work.
What were the sources of funding for Reconstruction programs?
The RFC was funded through the United States Treasury. The Treasury provided $500 million of capital to the RFC, and the RFC was authorized to borrow an additional $1.5 billion from the Treasury. The Treasury, in turn, sold bonds to the public to fund the RFC.
Why did planters have trouble find ing people to work for them?
Why did planters have difficulty finding people to work for them? Nobody liked to pick cotton in the hot sun, which seemed like slavery. Why did sharecroppers rejoice at the chance to become tenant farmers? Tenants chose which crops to plant and when and how much to work.
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What effects did the Civil War have on the economy and social system of the South?
What effects did the Civil War have on the economy and social system of the South? The Southern Economy was destroyed. 2/3 of the shipping industry was gone and 9,000 miles of railroad. Plantation owners lost 3 billion from letting slaves go.
Which of the following trends occurred in southern cotton cultivation in the late nineteenth century?
Which of the following trends occurred in southern cotton cultivation in the late 19th century? the size of the annual cotton crop grew steadily. By 1890, the Farmers Alliance had more than _______ members.
Was Reconstruction a success or failure?
Reconstruction was a success in that it restored the United States as a unified nation: by 1877, all of the former Confederate states had drafted new constitutions, acknowledged the Thirteenth, Fourteenth, and Fifteenth Amendments, and pledged their loyalty to the U.S. government.
Why was the Reconstruction Finance Corporation unsuccessful?
The corporation was authorized to loan money to banks, railroads and other institutions. The R.F.C. was unsuccessful in reversing the depression. Its actions were on too small a scale to have any effect.
Which of the following was a limitation of the Freedmen’s Bureau?
2) Which of the following was a limitation of the Freedmen’s Bureau? C) The Freedmen’s Bureau was given huge responsibilities but insufficient funds to carry out its tasks.
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Ch. 12 Sec 3 Q&A Flashcards | Quizlet
Why was southern industrial growth limited? Southern factories didn’t make finished goods profits from cotton shifted to northern companies
What Limited Industrial Expansion In The South? – Micro B Life
A main difference between the Old South and the New South was the dramatic expansion of southern industry after the Civil War.
Industry and Economy during the Civil War – National Park …
The Southern lag in industrial development did not result from any … war fought in the South hampered Confederate growth and development.
The New South (article) | Khan Academy
Proponents of the New South envisioned a post-Reconstruction southern economy modeled on the North’s embrace of the Industrial Revolution. · Henry W. · Although …
How did the Civil War affect planter families quizlet?
How did the Civil War affect planter families? For the first time, some of them had to do physical labor. The northern vision of the reconstruction-era southern economy included all of the following EXCEPT: the labor system would be as close to slavery as possible, thereby assuring high productivity.
Why was Southern industry less successful than northern industry?
In the South, a smaller industrial base, fewer rail lines, and an agricultural economy based upon slave labor made mobilization of resources more difficult. As the war dragged on, the Union’s advantages in factories, railroads, and manpower put the Confederacy at a great disadvantage.
What happened to the South’s economy because of the civil war?
The war had done away with slavery, but in the process it destroyed the southern banking system and eliminated a major part of Southern antebellum capital stock. The sudden disappearance of both capital and labor meant that the agricultural economy of the South had to be completely restructured.
Why was the North more industrialized than the South?
In the North, the soil and climate favored smaller farmsteads rather than large plantations, which did not need slavery to operate them. Industry and manufacturing might flourished, which was fueled by European immigrant labor. Natural resources such as iron and copper were more abundant in the North than in the South.
Why were there fewer industries in the South?
Why were there fewer industries in the South? The South had to compete with the Northeast and with Britain who could produce many goods more cheaply. Many investors thought it was better to invest in land rather than in industries. So, there were fewer industries in the South.
Which of the following contributed to the slow development of industry in the South?
-White southerners argued that grace and refinement were more important than rapid growth and development. Which of the following contributed to the slow development of industry in the South? –inadequate transportation.
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How did some Southerners contribute to industrial growth in the region?
How did some Southerners contribute to industrial growth in the region? New inventions including Iron Works, textile mills, and cotton factories were created. What were the barriers to Southern transportation? Southern railroads were short, local, and not linked together, canals are scarce, and roads are poor.
What was the major failure of Reconstruction?
Reconstruction failed in the United States because white Southerners who were opposed to it effectively used violence to undermine Black political power and force uncommitted white Southerners to their side.
Was Reconstruction a success or failure in the South?
Reconstruction was a significant chapter in the history of civil rights in the United States, but most historians consider it a failure because the South became a poverty-stricken backwater attached to agriculture.
Was the New South successful?
Although textile mills and tobacco factories emerged in the South during this time, the plans for a New South largely failed. By 1900, per-capita income in the South was forty percent less than the national average, and rural poverty persisted across much of the South well into the twentieth century.
Was the Reconstruction Finance Corporation effective?
The Reconstruction Finance Corporation spent US$1.5 billion in 1932, US$1.8 billion in 1933, and US$1.8 billion in 1934 before dropping to about US$350 million a year. In August 1939, on the eve of World War II, it greatly expanded to build munitions factories. In 1941, it disbursed US$1.8 billion.
Why did the Reconstruction Finance Corporation RFC fail to alleviate the suffering caused by the Great Depression during Herbert Hoover’s presidency?
Why did the Reconstruction Finance Corporation (RFC) fail to alleviate the suffering caused by the Great Depression during Herbert Hoover’s presidency? The RFC did not use its money effectively.
What problem was the 1932 Reconstruction Finance Corporation meant to address?
Reconstruction Finance Corporation (RFC), U.S. government agency established by Congress on January 22, 1932, to provide financial aid to railroads, financial institutions, and business corporations.
Why did the freedmen’s Bureau fail?
Freedmen’s Bureau’s Demise
A lack of funding, coupled with the politics of race and Reconstruction, meant that the bureau was not able to carry out all of its initiatives, and it failed to provide long-term protection for blacks or ensure any real measure of racial equality.
Why did the freedmen’s Bureau end?
Due to pressure from white Southerners, Congress dismantled the Freedmen’s Bureau in 1872. The Bureau failed to make a real stride towards racial equality mostly due to the fight between Congress and the President, as well as subpar funding.
What is generally considered to be the greatest failure of the freedmen’s Bureau?
Miller says the greatest failure of the Freedmen’s Bureau, which was dismantled in 1872, was that it was intended to be short-lived.
What 4 factors contributed to the end of Reconstruction?
The four things are corruption, the economy, violence, and the democrats return to power. What four factors contributed to the end of the reconstruction? The solid south was when the republicans combined other white southerners to form a new bloc of democratic voters. What was the solid south?
What factors and events contributed to the end of Reconstruction in the South?
Specific factors which finally ended the Reconstruction Era included the disputes surrounding the 1876 presidential election, increasing violence by the Ku Klux Klan and other extremist groups, as well as Democratic candidates once again assuming power in Southern states.
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Who were carpetbaggers and what did they do?
In the history of the United States, carpetbagger is a largely historical term used by Southerners to describe opportunistic Northerners who came to the Southern states after the American Civil War, who were perceived to be exploiting the local populace for their own financial, political, and/or social gain.
Who were the carpetbaggers and scalawags?
Carpetbagger and scalawag are derisive epithets which southern Democrats, or Conservatives, applied to white Republicans, or radicals, during Congressional or Radical Reconstruction. Carpetbagger referred to Republicans who had recently migrated from the North; scalawag referred to southern-born radicals.
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