The success of the cotton trade led the South to feel strong enough to form a separate nation.
The tariffs on imports had set up a lot of resentment over the years, as it was the non-industrial South that needed the imports.
Their economy was booming with Cotton sales to foreign nations, but the US put a Tariff of Abomination in place which taxed imported goods. People from the south hated this because they feared that the foreign nations would tax their exports, and nobody would buy them.
The northern territories of the union armies fought with the southern territories. After John Brown's massacre, the union armies marched to Virginia to meet with Robert Lee's southern armies.
contraction
savings in an economy impact the level of investment in the economy. if the households save more, then this will lead to capital formation in the economy which will boost the economic situation of the nation.
A high level of capital in the economy exerts and inflationary pressure. With this, prices can rise and the value of the money goes down.
The nullification crisis lead to the civil war because the southern states felt it took away from their rights. States rights were very important at this time in history.
Their economy was booming with Cotton sales to foreign nations, but the US put a Tariff of Abomination in place which taxed imported goods. People from the south hated this because they feared that the foreign nations would tax their exports, and nobody would buy them.
the lead of the civil war was slavery
North wanted new states NOT to be slave and the South did. Also the North economy was more industrialized and the South economy was more agricultural and relied on slave labor
Secession is the action of formally withdrawing from membership in a political state. The withdrawal of eleven southern U.S. states from the Union in 1860 lead to the Civil War.
They south was fighting to gain independence. The north was fighting to preserve the union. Slavery was a big issue during the civil war. The southern economy relied on slavery, without it the southern economy would have collapsed. The northern economy was threatened by slavery. After the south began using slaves in factories, the north became increasingly hostile to the south and slavery because southern factories used slave labor which allowed them to produce cheaper goods. The use of slaves in factories threatened northern economy. Many historians believe that this economic threat lead to the civil war.
Jefferson Davis was the President of the Confederate States of America. ______________ But he did not lead the south into the Civil War he led them DURING the civil war.
Other Southern states followed South Carolina's lead in secession and ultimately this led to the skirmish at Ft. Sumtner and the Civil War.
it is important because they have the right to nullify or cancel a federal law.
Yes the two opposing forces in the United States civil war were the:those states wanting to preserve the union lead by president Abraham Lincoln - the Unionistsand the southern states that wished to secede form the union lead by Jefferson Davis - the Confederates.The Unionists were victorious.
The southern economy depended largely on agriculture. The northern economy depended mainly on industry as its means of support. This led to the development of two different cultures.
No