Asked by Janet Armesha on May 11, 2024
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How did economic development in Brazil during and after the American Civil War affect the lives of southern cotton farmers?
A) Brazilian demand for American cotton created new opportunities for southern cotton growers.
B) Poverty and crime in South America triggered a mass migration of cheap farm workers into the American South where they replaced former slaves.
C) The expansion of Brazilian cotton cultivation lowered global prices and led to indebtedness and loss of land for southern farmers.
D) The expansion of slavery in Brazil in the wake of American emancipation prompted southern farmers to give up cotton cultivation for good.
E) Cheap Egyptian cotton allowed southerners to become the consumers of imported textiles.
Economic Development
The process by which a nation improves the economic, political, and social well-being of its people, often through increased industrial activity and improvements in living standards.
Indebtedness
The state of owing money or being under financial obligation to another entity, which can apply to individuals, corporations, or countries.
Global Prices
The standard cost of goods and services determined by the global market, affecting economies worldwide.
- Understand the influence of economic development in Brazil on American southern cotton farmers.
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Learning Objectives
- Understand the influence of economic development in Brazil on American southern cotton farmers.
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