The economy of the Confederate States was built for the most part on agriculture. They grew cotton, tobacco, rice and sugar cane.
In the Northern States corn and wheat were the main crops. But the North was rapidly moving into the industrial age. Manufacturing came from textile mills, steel works, and mining. Coal & iron ore, were valuable assets.
The north differed from the south in that it's economy was based on industry, rather than agriculture.
The North has cattle, wheat, and corn. The North farmed and food to eat. Which the South had cotton, their cash crop.
The leading differences between the North and the South leading towards the US Civil War was their respective economies. The North was rapidly expanding manufacturing while the South was primarily an agricultural economy. Also, the Southern economy was driven by slaves. For the most part the North had few slaves at all.
The South's economy was based upon agriculture and slave labor, while the North's economy was based upon industrialization and wage labor.
North Korea has a command economy.that they developingsee link below
The south's economy shifted from ariculture to manufacturing
The North is used for Politics and Economy. The South is used more for the farming industry.
The north had an industrial based economy. The south had an agricultural based economy.
The south's economy was based largely on growing cotton. The north's economy was based on industry.
what were two key differences between the north's economy and the south's economy?
The South Korean economy is about 20 times larger than the North Korean economy.
All they needed was happiness to settle the war. There was no disadvantage.
The north differed from the south in that it's economy was based on industry, rather than agriculture.
The North and South established many difference except in the economy. Both sides continued to rely heavily on agriculture for survival.
There are major economic differences between the North and South in Italy. The economy is mixed. The North is industrial and the South is agricultural.
The North has cattle, wheat, and corn. The North farmed and food to eat. Which the South had cotton, their cash crop.
In the north there is a lot of industry which account's for a lot of things, but in the south there is mostly agriculture.