Question

How did the large scale cotton plantation affect the American economy

Answer 1

Dear Student,

Agriculture is able to obtain machinery like tractors from capital intensive large scale industries. Through retail chains owned by big businesses, agriculture is able to market and sell its products more effectively.

Large scale capital intensive industries also produce machinery that can be used by other manufacturing industries. Similarly, retail chains allow industrial products to be sold to consumers more efficiently.

For the services sector, large scale capital intensive industries and retain chains offer more job opportunities for people.


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