Which is the best description of the southern economy during reconstruction?
a) the southern economy was stabilized because of trade relationships with great britain and france.
b) the southern economy was still based on agriculture and cotton, but now depended on sharecropping rather than slave labor.
c) the southern economy was transformed from being based on agriculture to being completely dependent on industry and manufacturing.
d) the southern economy was completely restored by 1866 and was actually more productive and profitable than the pre- civil war economy.
e

B) The southern economy was still based on agriculture and cotton, but now depended on sharecropping rather than slave labor.

the correct answer is ) possibility.

demonstrating opportunity cost is done through production possibility.

the opportunity cost can be demonstrated using the production possibility frontier or curve. this graphic shows the total number of possibilities for two products when we have the resources needed and used in an efficient manner. the main resources could be money, labor, and technology. the curve shows that the production of one good increases when the production of the othe