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What industries benefited from cotton production?
Other allied industries such as banking, transportation, warehousing and merchandising also benefit from a viable U.S. cotton production system. Annual business revenue stimulated by cotton in the U.S. economy exceeds $120 billion, making cotton America’s number one value-added crop.
What were the effects of the cotton industry?
Impacts. It is estimated that 97% of the water in the Indus River goes towards producing crops like cotton. Cotton’s most prominent environmental impacts result from the use of agrochemicals (especially pesticides), the consumption of water, and the conversion of habitat to agricultural use.
What industry did the cotton gin impact?
The cotton gin, patented by American-born born inventor Eli Whitney in 1794, revolutionized the cotton industry by greatly speeding up the tedious process of removing seeds and husks from cotton fiber.
What impacts did the cotton industry have on the United States?
Cotton transformed the United States, making fertile land in the Deep South, from Georgia to Texas, extraordinarily valuable. Growing more cotton meant an increased demand for slaves. Slaves in the Upper South became incredibly more valuable as commodities because of this demand for them in the Deep South.
What type of industry is cotton farming?
Industry Definition Farms in this industry primarily grow cotton, which is typically used in textile manufacturing, while the plant’s cottonseed is exploited for its oil and used in some livestock feeds. At least half of all cotton produced domestically is exported to overseas textile producers.
What is the cotton industry worth?
The U.S. cotton industry accounts for more than $21 billion in products and services annually, generating more than 125,000 jobs in the industry sectors from farm to textile mill.
How does the cotton industry affect the environment?
Like other crops, cotton farming can lead to land clearing, soil erosion and contamination, and loss of soil biodiversity. Poorly managed soils can lead to the loss of soil fertility and declines in productivity.