What aspect of economic development did Grady emphasize in his vision?

Grady emphasized industrial growth and diversification as a vital aspect of economic development in his vision for Georgia. He believed that, following the devastation of the Civil War and the subsequent Reconstruction era, the South needed to move away from its historical reliance on agriculture and instead focus on developing a robust industrial economy. Grady advocated for attracting northern investment and promoting manufacturing, which would lead to job creation and a more varied economic base.

This focus on industrialization was part of a broader movement during the late 19th century in the South, where leaders recognized that diversification would help the region become more resilient and prosperous. Grady's vision included not just expanding existing industries but also fostering new ones, thus creating a more balanced economic environment conducive to growth.

In contrast, a return to an agrarian economy would imply sticking with traditional farming without venturing into new industries, which contradicted Grady's forward-thinking approach. Heavy taxation on businesses would typically deter investment and inhibit economic growth, which runs counter to Grady's goal of attracting external investment. Community isolation would not contribute to economic development; rather, it would limit opportunities for growth and collaboration. Therefore, Grady's emphasis on industrial growth and diversification was a crucial step towards revitalizing Georgia’s economy.