The south's economy was based somewhat on cotton as well. But their request for help with cotton and the war from Britain was declined.
The Southern economy collapsed. Its money was worthless. The blockade closed off trade. Sherman's March destroyed what little industry there was, and the transportation system to get food, clothing, and ammunition to the army. His army ate or destroyed the crops that the mothers, wives, and sisters of the soldiers had planted. By the end, a Barter Economy was all that was left, for what little was left to trade.
In the period lading up to the US Cvil War, the North had an emerging industrial economy. The South remained a plantation based agricultural economy with much less industrial capability than the North.
Blockade-running and a certain amount of highly illegal cross-border trading with the North. Otherwise, it was an improvised economy, based on some hasty building of factories, and all dependent on the dwindling Confederate dollar.
The North's greatest strength or resource during the Civil War was its industry.
The economy of the South was based primarily on cotton monoculture supported by slave labor. Their cotton was sold to Europe for hard currency (and some to northern factories as well.) Southern farmers, especially plantation owners growing cotton, were in favor of slavery AND low tariffs on imported goods. The North's economy was far more diverse, having a mix of factories, agriculture primarily based on grains, shipbuilding, and transportation. Their manufacturing interests were protected from foreign competition by high tariffs on imported goods. This made the North against slavery, which they felt gave the South an advantage in agriculture costs, AND high tariffs, which protected the factories of North from cheap, and frankly better made products from Europe. This disparity made conflict inevitable and prompted crises in 1820, 1830, 1850 and finally secession in December of 1860.
i can tell you what they grow i also have to know this for a project in my class. i only found that they manufactured cotton cloth, shoes, and woolen clothing. hope someone else finds more cross fingers and good luck
Before the civil war the north economy was based on agriculture. It was later based on the industrial revolution after the war.
The north had an economy based on Manufacturing this made northerners oppose slavery because slaves could have taken their jobs
The economy of the North in the United States before the Civil War was dominated by manufacturing, trade, and industry. The region benefited from advancements in technology, transportation infrastructure, and a growing urban population. The North had a more diversified economy compared to the agrarian-based economy of the South.
In the period lading up to the US Cvil War, the North had an emerging industrial economy. The South remained a plantation based agricultural economy with much less industrial capability than the North.
The north had an industrial based economy. The south had an agricultural based economy.
The south's economy was based largely on growing cotton. The north's economy was based on industry.
Before the US Civil War in the days called antebellum, the South was a prosperous farm based section of the US. It's main crops were rice, cotton and tobacco. The North benefited from the South as they imported these products.
The North Korean economy is based on the sale of manufactured goods to the country of China. The North Korean economy also functions on the consumption of its own people.
The North had more factories than the South because the South relied on their agricultural based economy.
The north differed from the south in that it's economy was based on industry, rather than agriculture.
the north's economy was mainly textiles in the 1800's and alot of factor work with all the new inventions being made during this time being an industrial revolution
became increasing industries