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During the colonial era, the American south developed very few urban areas, which resulted in a low instance of banking, finance, and law-related professions.

During the colonial era, the American south developed very few urban areas, which resulted in a
A) system of slavery and forced labor.
B) poverty stricken region of peasants.
C) strong network of roads that connected isolated areas.
D) low instance of banking, finance, and law-related professions.




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1 Answer

  1. The correct answer is D) low instance of banking, finance, and law-related professions.

    Explanation: During the colonial era, the American South was predominantly agrarian, focusing on plantation agriculture which relied heavily on slavery. This resulted in fewer urban areas, leading to limited development of banking and finance institutions, as these typically thrive in urban settings where commerce and trade are more prevalent. The lack of urbanization meant that there was a low demand for legal and financial services, contributing to a less developed professional landscape in those fields.

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