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Cotton and cotton alone.
That's why they needed so many foreign imports, so when the Northern-dominated Congress raised the tariff on imported goods (to protect US manufacturing industry, which was all in the North), the Southern states saw it as a hostile tax on the South.
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Was it the north or south who had an industrial economy?
The north had an industrial based economy. The south had an agricultural based economy.
Describe the sectional economic differences in the US during the early 1800?
The North had an economy based on trade & manufacturing. The South's economy was based on farming. In the West, the economy was just emerging.
To what extent was cotton production and slavery more a burden to the South than a benefit?
Slaves were expensive and cotton was a very hard crop to raise and maintaine. If a harvest of cotton failed it would negativiley impant the Souths economy.
What was the colonists' economy based on?
commerce, handcrafts and farming
What is an extractive economy?
"A resource-based economy, dependant on harvesting or extracting natural resources for sale or trade."
How did forwardthinking southerners want to change the souths economy?
456
How did the cash crop indigo help southern colonies?
By using it as a dye in the making of clothes
Why was south afraid of slavery being outlawed?
Because much of the souths economy depended on it.
How did the civil war hurt the souths economy?
it caused inflation, prices rose 9,000 percent %
What is so interesting about South Korea?
It is separated from North Korea, and Souths' economy is better than norths'.
What was the souths economy like during the civil war?
Before the War it was great. During and afterwards it was terrible.
Why did the secede after Lincoln was elected president?
because he wanted to abolish slavery and the souths economy depended on slavery for field work while the north had factories to fuel their economy
How were the economies of he north and south different before the civil war?
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.
Was souths ecoonomy based on slavery?
yes, it was. they needed the slaves to harvest their crops, such as cotton
Why did blockade running become more dangerous in 1863?
Union forces tightened their enforcement of the coasts, hoping to strangle the Souths economy
Why was the economy of the southern colonies dependent on large plantations when?
The economy of the southern states(not colonies) was dependent on large plantations due to the production of cotton, the souths cash crop during the 1800's.
What is a Industrial based economy?
an economy based on industry
