Answer:
For new opportunities after the American Civil war
Explanation:
Carpet baggers are described historically as "opportunistic  Northerners who came to the Southern states after the American Civil War, who were perceived to be exploiting the local populace for their own financial, political, and/or social gain." (-Wikipedia definition) This was used by Southern locals as a derogatory term who believed the carpetbaggers to be greedy and exploitative.
