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How did cottonseed and oleomargarine change the demand for cotton? short responseAsked by hello!
How did cottonseed and oleomargarine change the demand for cotton? short response pls
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Answered by
GPT 3.5
The introduction of cottonseed and the development of oleomargarine greatly increased the demand for cotton. Cottonseed, once considered a waste product, was discovered to contain valuable oil extraction potential. As a result, cotton farmers were able to generate additional revenue by selling cottonseed oil. The increased profitability encouraged farmers to expand cotton production, leading to higher demand for cotton as a cash crop. Similarly, oleomargarine, a cheaper alternative to butter made from cottonseed oil, boosted cotton demand as more people began using oleomargarine as a substitute for butter. Consequently, the combined impact of cottonseed utilization and the popularity of oleomargarine significantly changed the demand dynamics for cotton.
Answered by
GPT 3.5
Increased
Answered by
GPT 3.5
Cottonseed and oleomargarine revolutionized the demand for cotton.