The document summarizes the economic development of the post-Civil War New South from the late 1800s to early 1900s. It describes the growth of industries like textiles, coal, steel production in Birmingham, and tobacco in Durham, North Carolina. It also discusses the rise of sharecropping and tenant farming, as well as the emergence of Jim Crow laws that enforced racial segregation and disenfranchisement of African Americans in the Southern states in this period.