Which concept did Henry Grady advocate for regarding the South’s economy?

Henry Grady was a prominent journalist and orator in the late 19th century who is best known for his advocacy of economic diversification in the South following the Civil War. He believed that the South needed to move beyond its traditional dependence on agriculture and embrace industrialization and modernization to foster economic growth and development. Grady argued that by incorporating various industries, such as textiles, manufacturing, and transportation, the South could become more prosperous and competitive.

His vision included the idea of a "New South," where the economy would not solely depend on cotton and agriculture, but also incorporate urban development and a variety of economic activities. This approach was seen as essential for the South to recover from the devastation of the Civil War and to improve the overall quality of life for its citizens. Thus, advocating for economic diversification was pivotal in Grady's perspective on transforming and revitalizing the South's economy.