In order to make a industry you needed money, in the south, the only way was to sell their slaves to make an industry, which a lot of plantation owners did not want to do because they were satisfied with their profit.
Chat with our AI personalities
low capital accumulation lack of skilled labor lack of technology
Lack of capital means not enough money.
If no one buys shares in a new company, it may struggle to raise the necessary funds for growth and development. This lack of investment could hinder the company's ability to expand, innovate, and compete in the market, potentially leading to financial difficulties or even failure.
Powerpoint of lack of security of computer and its effect on industry,economy and government
Resources located in remote areas; Lack of capital for industrialization - APEX