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Capital (stocks, goods, and assets)
The northern states, or the Union, had manufacturing industries and was quickly becoming industrialized. The Union also had strong banking institutions which controlled most of the nation's wealth. Capitalists provided the money needed to invest in assests such as railroads, ship building, and factories (and even provided the capital the southern plantations needed for their spring planting). Real estate in the northern states was also worth more than land in the southern states.
The money and goods a person owned.
land and slaves.
Northern States abolished slavery between 1777 & 1804.
Capital (stocks, goods, and assets)
The money and goods a person owned.
The northern states, or the Union, had manufacturing industries and was quickly becoming industrialized. The Union also had strong banking institutions which controlled most of the nation's wealth. Capitalists provided the money needed to invest in assests such as railroads, ship building, and factories (and even provided the capital the southern plantations needed for their spring planting). Real estate in the northern states was also worth more than land in the southern states.
land and slaves.
Capital (stocks, goods, and assets) ~Apex~
Its trading empire.
A common wealth of independent states.
then plain on the basis of relief
Wealth from trade enabled the people of northern Italy to sponsor learning.
Some Southern States wanted the wealth brought to them by slavery, and they wanted not to be swamped by ballots by the more populated Northern States, so a compromise was reached.
was the basis of wealth in the South
Gold and Silver