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what was the role of the factor in the southern economy

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Q: What was the role of the factor in the southern economy?
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What type of economy did southern colonies have?

The southern colonies had an agricultural economy, with cash crops such as tobacco, rice, and indigo driving their prosperity. Slave labor played a significant role in the economy of the southern colonies, especially in large plantations. Trade with Europe also played a key role in the economy of the southern colonies.


What role did Tobacco play in the Virginia?

It became the foundation of the Southern economy.


What role did did railroad in the southern economy?

They shipped materials to northern markets


What role did tobacco play in the Virginia colonies?

It became the foundation of the Southern economy.


Which body of water played an important role in the economy of the southern colonies?

The Atlantic Ocean played a major role in the economy of the souther colonies. The southern colonies made large profits exporting good such as tobacco, indigo and rice.


What role brokers play in the southern economy?

They were a person who is paid to buy or sale for someone else.


What role was water power played in the southern economy and how have oil resources affeted the economy of this region?

you r a 13itch and go suck my big @$$ d1ck


What role did railroads play in southern economy?

They shipped materials to northern markets.They shipped materials to the northern factories


Why the South's economy depend on slavery?

Being a state that was basically run off agriculture and farming, the south were very dependant on its labour, for if there was no labour there would be no money and if there was no money there was no economy. Slavery played a massive role (well realistically the only role) in the southern economy.


Which factor plays the biggest role in motivating economic decisions in a traditional economy?

commitment to maintaining long-standing customs


What was one of the most important differences between the northern economy and the southern economy?

What was one of the most important differences between the northern economy and the southern economy? The northern economy was industrially based. The Southern economy was agriculturally based.


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