By 1890,the Hemp Crop Had Been Replaced by ______ as a Major

question 154

Multiple Choice

By 1890,the hemp crop had been replaced by ______ as a major source of farm income in the U.S.South.

• A)opium
• B)rice
• C)cotton
• D)rye

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Definitions:

Large Number of Firms

A characteristic of competitive markets where many firms are present, each having a small share of the market and influencing the price minimally.

Defining Characteristics

The unique attributes or qualities that clearly distinguish a person, object, concept, or phenomenon from others within its category or domain.

Small Businesses

Independently owned and operated companies with limited revenue and number of employees, serving local markets.