korrinevbrulz2222
13.01.2020 •
History
Which of the following might you infer from the chart?
cotton was a scarcity in the 1890s.
cotton production was at an all-time high in 1865.
the economy in the south relied solely on cotton production in the 1890s.
the profitability of cotton farming was decreasing in the late 1800s.
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Ответ:
Cotton production was at an all-time high in 1865.
Explanation:
Supply and Demand. When there is almost nothing of a product (Scarcity) then a product will be sold for more. Unlike when there is alot of a product, then the product will be sold for less. Therefore, as the price of cotton decreases, the amount of cotton being produced goes up.
Hope I helped!
Ответ: