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It was very profitable. It allowed the southern colonies to hold profitable tobacco planting. Off this staple crop, they made a lot of money.

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Q: Was slavery expensive or profitable for the southern economy?
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Related questions

Why did southern slave owners fear northern attitudes towards slavery?

The loss of slavery would threaten the Southern economy.


Why did southern states fear the outlaw of slavery?

The southern states feared the outlawing of slavery because the slaves were they're profitable way of gaining money.


How did the southern lawmakers feel about slavery in the sectionalist debate of the 1850?

The southern lawmakers felt that slavery was a profitable business and did not want it to end and did not want to lose slave territory.


Why did the southern slave owners fear the northern attitudes toward slavery?

The loss of slavery would threaten the southern economy


How was the north and south economy different?

the northern economy ended slavery.the southern economy continued slavery


Which was not a contribution to the shift of the Southern economy toward slavery?

slaves


Why did many southern states keep slavery legal when writing their state constitutions?

Many southern states kept slavery legal when writing their state constitutions to protect the economic interests of slave owners and maintain the social hierarchy based on race. Slavery was deeply entrenched in the southern economy and society, and abolishing it would have threatened the power and wealth of the ruling class. Additionally, racism and white supremacy played a significant role in shaping the attitudes towards slavery in the South.


What was Alexis de Tocqueville's opinion of the Southern states?

He was critical of a Southern economy and society that was based on slavery.


What three things work together to make the southern economy?

Cotton, Slavery, and Oil


What best explains the dependence of the southern economy on slavery?

the south needed slave labor to support its manufacering economy


In what ways did economy of the southern colonies depend on the practice of slavery?

The southern states used unpaid labor, slavery, for their businesses. With no labor costs, they were able to make hefty profits.


What describes slavery's role in the economy?

slavery was a luxury to the southern because they were to lazy to grow there own tobacco and cotton so they had the slaves do it