Why was it difficult to build new businesses in the South?

Question

(1 point)
Responses

All of the raw goods were shipped to the North.
All of the raw goods were shipped to the North.

There was no demand for products.
There was no demand for products.

There were not many banks to finance businesses.
There were not many banks to finance businesses.

There were no raw goods available.

Answer 1

There were not many banks to finance businesses.