Well a couple of things come into play here but look at the word "new"; it was the new perspective of the South after the end of the Reconstruction.
What could be done to replace Southern economy, now that it was no longer relying on slavery *hint* they could no longer rely on sharecropping, they had to modernize The South, it had to industrialize itself if the economy was to be on par with the North.
IF THERE WERE MULTIPLE CHOICE PLEASE LIST THE OPTIONS.
