Leading up to the US Civil War, the Northern States had been constructing an industrialized economy, just as it had before slavery became a divisive issue in the 1800's.
The North had already established ports of trade well before the Revolutionary War with Great Britain. In addition, the North was active in trading with other European nations.
Waterfalls and rivers were supplying the energy needs of new factories and shipyards. There was an active fishery industry too. The North's textile mills were using cotton from the south to produce clothing and other products. The North also was the main entry points for new immigrants from Europe that found work in the factories. And the North was not without farming and its products as well.
All this contributed to the wealth of the North.
The basic wealth of the North was in their ability to manufacture products from raw materials. Thus we have the North importing cotton for example to have the North's textile mills produce clothing and other products. The North also had a machinery building industry that used iron ore and coal to keep the steel mills working and producing, as example, rails for the expanding railroad industry. The North also had a ship building industry and a fishing industry. Certain States and territories grew grains such as wheat and barely.
The North also had a "weapons" building sector as well. In addition New York City was becoming a greater financial center. The construction industry was also a plus for the North.
The wealth and power of city-states was based on its good trading.
Mercantilism is the basis that there is a limitted amount of wealth in the world and that countries have to compete to get that wealth. A nation should export more than it imports to have profits.
The Sumerians obtained most of their wealth and success from trade.
The Share our Wealth Program was promoted by Huey Long, governor and United States Senator from Louisiana.
No. The document Virginia Declaration of Rights became the basis for the Bill of Rights of the Constitution of the United States of America.
Capital (stocks, goods, and assets)
land and slaves.
Alaska and Minnesota.
Canada
Its trading empire.
A common wealth of independent states.
The Southern states that formed the Confederate States of American were fighting for independence from the United States of American. The United States (mostly Norther states) were fighting to keep them.
was the basis of wealth in the South
Gold and Silver
At first it was, but eventually all norther states banned slavery
The wealth and power of city-states was based on its good trading.
a common wealth government shares all the wealth gay