Answer:
The given statement is True
Step-by-step explanation:
These figures themselves, if accurate, would appear to topple the old thought of a dormant, ruined before the Southern war economy. At the point when one considers the more noteworthy urbanization of the North, specifically the Northeast, and the resultant more significant expense of living there, the situation of the South is much more especially improved. Although clearly, no examinations have considered this factor, it has significant ramifications for the way of life.
The central zone wherein Fogel and Engerman yield that South fell earnestly behind the remainder of the nation in physical capital development