...Social and Economic development of The Bahamas The economy in The bahamas suffered drasticaly until certain recent events which impacted The bahamas economy greatly. Jobs were hard to find, poverty was on the increase and many were left hungry. Some of the events in bahamian history that impacted the bahamian social and economic development were the civil war,the blockade running, the prohibiton, wrecking, exporting of goods{fruit,vegetables,sponges,sisal,tobacco,shells},and the plaiting of palmetto and silver top trees for exports. Very often bahamians used situations in America to increase their income as in the blockade-running during the civil war and also the prohibition. The first week of the civil war president lincoln declarded a blockade of Civil war which Great Britain's textile industry depended on, southern cotton (clothing,and yarn), so it favoured the Confederacy. Lincoln knew that it was vital for the south to receive war matierals such as guns and ammunition, medicine and clothing via its ports. He figured that if southern ports were blockaded, the entire economy and war effort there would collapse, and northern states would win the war. British ships could not reach southern ports because the Union was blockading them. To gain access to this import, blockade runners in sleek, fast boats would travel the 560 miles from Charleston to Nassau with loads of cotton. Here, they would meet up with British vessels and trade their cotton for the goods that the...
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