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What was the role of the state in economic development in the North? States dema

ID: 1202788 • Letter: W

Question

What was the role of the state in economic development in the North?

States demanded a percentage of the profits made by private corporations.

States often competed with private corporations in the building of big projects.

C.States supported private corporations through chartering banks and helping to finance large projects.D.States took no part in economic development: it was all done through private enterprise.

A.

States demanded a percentage of the profits made by private corporations.

B.

States often competed with private corporations in the building of big projects.

C.States supported private corporations through chartering banks and helping to finance large projects.D.States took no part in economic development: it was all done through private enterprise.

Explanation / Answer

States took no part in economic development; it was all done through private enterprise.

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