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THE DEVELOPMENT OF INDUSTRIAL MODERNIZATION AT THE STATE LEVEL

GEORGIA'S EXPERIENCE:
Richard Combes, Georgia Tech Research Institute, Georgia Institute of Technology

EARLY GEORGIA HISTORY

• 1732 - Colony founded by Oglethorpe
• Plantation agriculture thrived
• 1860 - leading cotton producing state with largest slave population
• 1865-1879 - state economy was devastated, with little industry
• 1880 - "New South" industrialization