Economic Performance of Wilmington, North Carolina in the Last Century
This paper sheds light on economic performance of Wilmington in the last century. After the Civil war, the city faced rapid changes in its economic structure and thus Wilmington could no longer depend on its sea trade or cotton plantations. Even though the two Great Wars had a positive IMAX on the economy, but the effects couldn't last for long. Today the city is heavily dependent on its tourism and entertainment industries while rice and cotton are also important to Wilmington's economic growth.
Wilmington has historical significance and the city gained prominence during the Civil War due to its strategic location. The economy of this city has never performed increasingly well nor did it suffer serious blows of recession. This is because the city's economy was largely dependent on its harbor and sea trade and this was for...
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