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Study with Quizlet and memorize flashcards containing terms like What type of economy did the South have pre-Civil War?, During the 1800s, what was the main cash crop in the South?, How did the Industrial Revolution affect the demand for southern cash crops? and more.
Study with Quizlet and memorize flashcards containing terms like What type of economy did the South have pre-Civil War?, During the 1800's, what was the main cash crop in the South?, How did the Industrial Revolution affect the demand for southern cash crops? and more.
Study with Quizlet and memorize flashcards containing terms like Understand the difference between the economy in the North and the South, Know the difference between the North and the South on high tariffs, The Compromise of 1850--what did this include? and more.
As the industrialized North and the agricultural South grew further apart, five major trends dominated American economic, social, and political life during this period. First, the Market Revolution—the shift from an agricultural economy to one based on wages and the exchange of goods and services—completely changed the northern and western ...
It is relatively easy to verify that Southern ports paid much less. According to “Financial Failure and Confederate Defeat” by Douglas B. Ball, in 1860 out of total $52.3 million custom collection, southern ports paid $4.0 million (7.6%).
Study with Quizlet and memorize flashcards containing terms like Slave owning in South, Key cash crop in South, Importance of Agriculture and more.
Markets before the Civil War Claudia Goldin and Robert A. Margo 2.1 Economic Development, Nominal Wage Flexibility, and Antebellum Labor Markets America experienced several expansions and contractions in economic ac- tivity between its founding and the Civil War. The Embargo of 1807 abruptly
