Early NC Economy
This industry used tar, pitch, and turpentine.
Naval stores
This increased the demand for tobacco.
European demand
Cause: Outsourcing
Effect: ________
Factory closures / job loss
This group gained factory jobs during industrialization.
Women / African Americans
This term means global business connections.
Globalization
This crop was a major part of NC agriculture.
Tobacco
This invention increased cotton production.
Cotton gin
Cause: Industrialization
Effect: ________
Growth of cities / factory jobs
This system developed after the Civil War.
Sharecropping
This term means moving jobs to another country.
Outsourcing
The early NC economy relied mostly on this type of resource.
Natural resources
This event caused major economic destruction in NC.
Civil War
Cause: Great Depression
Effect: ________
Job loss and poverty
This group was MOST impacted by globalization job loss.
Workers
This park was created during the Cold War.
Research Triangle Park
This person discovered gold in NC.
Conrad Reed
This led to the growth of factories and cities.
Industrialization
Cause: World War II
Effect: ________
More jobs / economic growth
Explain how WWII impacted women.
Took on new jobs and roles
This industry includes companies like Google and SAS.
Technology / IT
Explain why early industries developed in NC.
Access to natural resources, land, and labor
Explain why NC was called a “Rip Van Winkle” state.
It had slow economic growth compared to other states
Explain this chain:
Outsourcing → ? → ? → Communities struggle
Factory closes → workers lose jobs
Explain how economic changes impacted communities.
Job loss → less spending → businesses struggle
Explain how technology changed NC’s economy.
New industries, online shopping, decline of older industries