The Origins of Southern Equity Crowdfunding: The Rise of the Textile, Tobacco, and Furniture Industries in North Carolina after the Civil War

Abstract

Within the broad historical interpretation of economic development in North Carolina, there are two competing views about the correct interpretation of facts regarding the origins of capital that fueled North Carolina's manufacturing industry. As W. J. Cash pointed out, what happened economically in North Carolina also happened in every other Southern state, almost exactly.