The correct statement regarding the cotton industry is that an increasing boom in the industry for cotton led to the rise of demand for cotton in Georgia as well.
During the end of the Nineteenth Century, the industrial revolution was in full swing and the demand became increasing with a gradual increase in supply of products.
Cotton Industry.
- Cotton Industry was on a boom during the ending decades of the Nineteenth century, which helped Georgia with pricing power as it became a monopoly with good cotton supply at reasonable prices.
- The cotton became a cash-rich crop after the industrial revolution, as the cotton gins and yarn industries skyrocketed the demand for cotton. Superior quality cotton was produced in Asia.
- However, owing to the transportation costs and time for commute, Georgia got the upper hand in the pricing power of cotton due to an increased demand.
Hence, the state of Georgia got the upper hand in the cotton exposition in the era of the late Nineteenth Century.
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