Question

Use the graph and your knowledge of social studies to answer the following question.

Why did the price of cotton drop after 1865?

A. The boll weevil created an abundance of cotton.
B. During the Civil War, many European textile factories had found suppliers outside the South.
C. Without slave labor, Southern farmers could not afford to grow cotton.
D. The Farmers’ Alliance forced the government to regulate crop prices.

Answer 1

For the answer to the question above.
The best answer I can give is letter B.
During the civil war, there was also a competition in the global market on the supply of cotton so Europe sought other suppliers from India and Egypt and this is why the price is down after 1865