> raw and manufactured We were immensly helped by the world wars wiping out so much capital abroad. Even before that, the civil war while costing much life onl

> raw and manufactured We were immensly helped by the world wars wiping out so much capital abroad. Even before that, the civil war while costing much life only jump-started our industrial capacity as the fighting was never that far north. The resource curse is basically a mercantilist problem where the resources extracted are almost entirely exported, and little domestic industry outside of resource extraction.