AMERICAN CIVIL WAR 1861 1865
END OF THE CIVIL WAR
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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agricultural
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trading
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industrialized
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None of the above
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Detailed explanation-1: -The northern economy relied on manufacturing and the agricultural southern economy depended on the production of cotton.
Detailed explanation-2: -The U.S. has a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces the free market when it comes to capital use, but it also allows for government intervention for the public good.
Detailed explanation-3: -It is marked by a sharp division between the predominantly English speaking countries of Canada and the United States, which are among the wealthiest and most developed nations in the world, and countries of Central America and the Caribbean in the former Latin America that are less developed.
Detailed explanation-4: -As Western Europe industrialized in the mid-to-late 1700s, the United States remained agrarian with resource processing, gristmills, and sawmills being the main industrial, non-agrarian output.