they both had very low economies which means they both were very broke. the south had slavery for a purpose, they used them as maids for food and other stuff like that. the slavery had really nothing but, slavery. just working for white male.
because it was a large part in that economy
well, rich white people had been raised to think they needed other people to do everything for them, where this train of thought all started I don't know personally, but i do know they were raised to be lazy and rely on slaves to: work their plantations, clean their houses, cook their food, transport them, take care of their livestock, and slaves were used for... personal pleasure. Among other things. its a wonder the southern civilization didn't collapse when slavery was taken away from them.
North and South were heavily dependent on each other during the years before the Civil War. The South produced materials (especially tobacco and cotton) which were America's chief export goods. The southern states exported around 80% of the goods that brought cash into the American economy.
However, there was a price for all that wealth. The southern states did not develop a strong manufacturing economy. Most manufactured goods were made in the northern states or in Britain or France. The southern states imported tools, supplies, implements, shoes, clothing.
A more controversial portion of the picture is the money. Most southern plantations were heavily in debt. Despite exporting huge quantities of cash crops, plantations were not all that profitable. Slaves cost a great deal of money. Slaves had to be housed, fed, clothed, supervised, and guarded all year long even if the growing season was only 6 months. The south's cash crops also consumed the nutrients in the soil and before the mass production of chemical fertilizers this meant farming on ever larger pieces of land, and all that land cost money. Southern plantation owners borrowed heavily from northern banks in New York and Boston (and England, also). They lived a lavish lifestyle on borrowed money, and they depended on the north to supply it.
It was not an economic dependence for the north, if anything it put the south at advantage and hurt the north. This led to the civil war.
The economy of the South was based on slave labor and intensive agriculture.
Their Economy Flourished.
The South's economy was devastated after the US Civil War. As a summary statement, for a forty year period after the Civil War, the economy of the South was stagnated, and two thirds of its wealth was destroyed.
For all practical purposes, the Northern states at the beginning of the US Civil War was highly industrialized in comparison to the South. The North also enjoyed crop yielding land far enough away from threats by Confederate forces. The North had an extensive railway system and ship building capacity that was a strength for its economy. In the South, cotton and tobacco crops were the mainstay of its economy. The South was also heavily dependent economically on slave labor. This was not the case in the North, except for the slave holding Union border states.
Prior to the US Civil War, the Southern economy was primarily based on its cotton crop. This was a major plus for the entire US economy in 1860 for example. Cotton was shipped to Europe and also to Northern textile mills.
The South's economy was ruined. The war had taken place on Southern land, ruining all of the farmland. And since the South had put all of their eggs in the farming basket, they were doomed.
an agriculture economy overly dependent on cotton and slave labor.
The economy of the South was dependent upon slave labor.
Their Economy Flourished.
The South's economy was devastated after the US Civil War. As a summary statement, for a forty year period after the Civil War, the economy of the South was stagnated, and two thirds of its wealth was destroyed.
It no longer became based solely on the agriculture and the agriculture that was left was no longer dependent on slave labor
bad.
The South's economy was based almost entirely on agriculture
California was not considered part of the South. In the South Cotton controled the economy. In California gold was the chief economic element.
The Civil War greatly improved the economy of the North but harmed the economy of the South.
yes the south agriculture the north industrial
it wasn't as badly affected as the south.
In the south