Question

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Explain the reason for depressed conditions on farms and in textile mills in South Carolina. (give a short paragraph)

Answer 1

Dropping of cotton prices.

Step-by-step explanation:

Dropping of cotton prices is the reason for depressed conditions on farms and in the textile mills in South Carolina. When the prices of cotton decreases it put a great impact on the farmers as well as textile mill owners because they gain very little profit and sometime loss which causes bad effect on the financial conditions of farmers and textile mill owners.