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It was quite benefited by the free labor of millions of people. If you can get that many people to work all day for almost no money at all, then you're in a pretty good financial position. I don't support this at all myself, heck, my great great grandfather was a slave, but it did help the economy. Actually, I'm not sure that's completely fair to say, because it simply put distance between the poor and the rich. Even a Caucasian man with little money at that point would be in a bad situation, because he had no way to get much more money than he had. Whether this is good or bad for the economy is really an opinion.
Because of slavery, enabling the south specialize in cotton, they did not diversify like the North and therefore had an adverse effect on their economy.
Answer #2:
Slavery may have made the elite white people of the south rich, but it was hurting the economic development of the south in general. The south made its money from cotton and slave trading, so there were no jobs for poor white people, the vast majority of labor was performed by slaves. White people were forced to move north or west, which caused the population of the south to increase at a much slower pace than the north. The south also tried to hamper industrialization because if machines were invented that could do the work of slaves, the value of slaves would plummet. Read: "The Impending Crisis of the South" by Hinton Rowan Helper.
Southern slavery helped finance industrialization and internal improvements in the North
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What was a result of the civil war?
There were many results of the civil war. The North won, and slavery was abolished, and southern reconstruction took place. The 13th and 15th amendments to the constitution were passed.
Did money contribute to the English Civil War?
Money problems in the Civil War weren't clear. It was primarily based on slavery, manufacturing in the North, the Republican North, Democratic South, and the popular sovereigned states to the West.
Which of these contributed to the growing economic disparity between the North and South prior to the Civil War?
the construction of railroads (from studyisland)
What was the north called in the Civil War?
In the civil war, the North was called the Union.
What were the main reasons for the civil war?
i dont have a bloody clue. Any geeks out there?
How where the peoples rights affected as a result of the north winning the civil war?
hahahahaha i bet you thought i answered this
What was the result of the US Civil War?
The north won it.
What was the result of of the north winning in the civil war?
no slavery
Which was the major result of the civil war?
The North won!
What was the economy of the north during the civil war?
it wasn't as badly affected as the south.
Did the south had all the economic advantages during the civil war?
Most advantages, economic and otherwise, favored the North
What economic advantage did the North have during the civil war?
Railroads Manufacturing Industry
Did the north or the south have a greater economic resources in the civil war?
The North had the greater economic resources as it was industrialised while the South relayed on a slave and cotton economy.
How did the Battle of Antietam affect the outcome of civil war?
It affected the war by giving advantage to the North.
What is the North's econmic base during the US Civil War?
The North had factories to help provide for the economic needs during the war.
What were the effects that the civil war had on the north?
The federal states and union were redefined predominantly in the north after the Civil War. Also, the abolition of slavery was felt first in the north and was much less resented by northern citizens. The north also experienced an economic boom.
What is the result of the civil war?
The North won, and the South was forced to join the Union again.
