Southern colonies
Capitalism is an economic and political system. This is when countries trade and industry are controlled by private owners for profit and not the state.
Plantation owners' earnings varied significantly based on the type of crop, the size of the plantation, and the labor system in place. In the antebellum South, for example, successful cotton plantation owners could earn substantial profits, often in the tens of thousands of dollars annually, depending on market conditions and labor costs. However, the wealth was highly concentrated, with a small percentage of plantation owners controlling a significant portion of the wealth generated by slave labor. Overall, the economic success of plantation owners was deeply tied to the exploitation of enslaved individuals.
an economic system based on open competition in a free market, in which individuals and companies own the means of production and operate for profit
outline issues that were of major concern to sugar plantation owners
opportunity cost
Planters
The planters were the ones who controlled the economic and political life of the southern colonies. OK but my answer are farmers merchants plantation owners teachers help me
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small farmers formed the majority of the southern population, the planters controlled much of the south's economy.
The plantation owners
Wealthy Plantation Owners.
Small plantation owners, which was the secOnd highest social class in the south, controlled politics in the south.
The plantation owners; because they were rich and powerful.
Plantation owners sought to enslave Africans for labor due to the demand for cheap and abundant labor to work in the fields. The transatlantic slave trade provided a steady supply of enslaved Africans to meet this demand, allowing plantation owners to maximize their profits from crops like sugar, cotton, and tobacco. The system of slavery also provided social, economic, and political power to the plantation owners.
plantation owners
A very small number of wealthy plantation owners.
The plantation owners; because they were rich and powerful.