Traces Growth Of Industry In the South
Duke University economist Dr. B A Ratchford argues three core forces drive southern industrial growth Markets materials and men He notes rising southern purchasing power higher per capita income and a 236 percent income rise since 1939 plus 15 percent of regional income from manufacturing He cites abundant raw materials a growing water supply and low unionized labor as advantages with lower costs and ready rural land near towns aiding decentralization. He also mentions favorable buildings transport and regional labor supply as contributing factors.
MENTIONED IN THIS ARTICLE
Durham
Duke University
South
B. A. Ratchford
Duke
Marshall Plan
C. B. Hoover
National Planning Association
Ratchford
South’s tax and labor rules favored by industry says economist
Dr. Ratchford notes regulatory frameworks in the South are probably more favorable to industry than those in more industrialized states. He identifies capital funds as the key hurdle for growth and urges better savings facilities. Subsidies, tax exemptions, and advertising are deemed unimportant in site decisions by company executives.
MENTIONED IN THIS ARTICLE
Ratchford
Duke
South
Pigeons Used in Military Roles Since Roman Empire
Historical note traces carrier pigeons back to Roman times when birds were employed for military communication. The practice evolved through centuries, influencing later signal methods and battlefield coordination.
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