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 money and goods a person owned.
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.
Northern States abolished slavery between 1777 & 1804.
no the southern states approved of slavery and the northern states dissapproved of slavery
The money and goods a person owned.
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.
A common wealth of independent states.
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.
Wealth from trade enabled the people of northern Italy to sponsor learning.
The wealth and power of city-states was based on its good trading.
a common wealth government shares all the wealth gay
No. Michigan is not one of the common wealth states
The money and goods a person owned.
The vast majority of the United States (the 48 contiguous states, Alaska, Hawaii, Puerto Rico and Guam) is in the northern hemisphere. There are some territories that lie in the southern hemisphere.
Undistributed wealth refers to the uneven allotment of wealth. One example includes undistributed wealth found in the United States of America.