The South's economy was based on Farming. They used African American Slaves to do the work. There were few factories, unlike the North who had an industrial economy.
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Assuming that you're talking about american colonies, Southern colonies developed an economy based on farming rice, indigo, and tobacco on large plantations using slave labor.
The Southern colonies had an economy that the Northern colonies did not have. The South had farming and large plantations due to the temperate climate.
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Africa
There are several countries that have a market based economies. France and England are two countries that have this type of economy.
Northern states felt that representation in Congress should be based on the number of free people. Southern states believed that representation should be based on total population, which included slaves.
1789