answersLogoWhite

0

The leading differences between the North and the South leading towards the US Civil War was their respective economies. The North was rapidly expanding manufacturing while the South was primarily an agricultural economy. Also, the Southern economy was driven by slaves. For the most part the North had few slaves at all.

User Avatar

Wiki User

9y ago

What else can I help you with?

Continue Learning about Economics

Which term describes the economic status when wages are falling while prices are rising?

The term that describes the economic status when wages are falling while prices are rising is "stagflation." This condition combines stagnation in economic growth with inflation, leading to decreased purchasing power for consumers. It poses significant challenges for policymakers as traditional measures to combat inflation can exacerbate unemployment, and vice versa.


What is the relationship between producer surplus and a monopoly graph?

In a monopoly graph, producer surplus is the difference between the price the producer receives for a good or service and the cost of producing it. In a monopoly, the producer has more control over pricing and can charge higher prices, leading to a larger producer surplus compared to a competitive market.


If a good is normal, then will a decrease in price cause a substitution effect that is significant?

Yes, if a good is normal, a decrease in price will likely cause a significant substitution effect, leading consumers to switch to the cheaper good.


What caused an increasin difference between wealthy landowners and worker in Jamestown?

The increasing disparity between wealthy landowners and workers in Jamestown was primarily driven by the labor system and the economic structure of the colony. Landowners profited from the cultivation of cash crops like tobacco, which required significant land and labor, leading them to rely on indentured servants and, later, enslaved Africans. As wealth concentrated among landowners, workers faced limited opportunities for upward mobility, resulting in a widening gap between the two groups. Additionally, landowners' political power allowed them to shape policies that favored their interests, further entrenching the socioeconomic divide.


What's the difference between a recession and inflation?

A recession is a period of economic decline marked by a decrease in economic activity, such as a drop in GDP and rising unemployment. Inflation, on the other hand, is the general increase in prices of goods and services over time, leading to a decrease in the purchasing power of money.

Related Questions

How many significant figures does 0.007001 have?

0.007001 has four significant figures. The leading zeroes are not significant. The zeroes between the 7 and 1 are significant because they are between two significant figures (7 and 1).


Which term describes The difference InThe concentrations of A Substance Across a cell's Membrane?

The term that describes the difference in concentrations of a substance across a cell's membrane is called a concentration gradient. It refers to the variation in the concentration of molecules or ions between two regions, leading to the movement of substances down their concentration gradient through processes like diffusion or active transport.


What is the difference between 152 and 0152?

There is no difference between 152 and 0152 as they are equal, because the leading zero has no affect. 152 is 1000 times 0.152 if that is what you were asking.


Difference between leading and controlling?

Controlling is being in control of something to the point of taking ownership. Leading is a walk where people follow your example.


What is the intermolecular force of CIF?

The intermolecular force of ClF is dipole-dipole interaction. This is because ClF is a polar molecule, with a significant difference in electronegativity between chlorine and fluorine causing a partial positive and partial negative charge, leading to attraction between the molecules.


What describes a bond formed between two unlike atoms?

The type of bond is determined by the difference in electrongativity of atoms


What is the difference between significant figures and significant digits in numerical calculations?

Significant figures and significant digits are terms used in numerical calculations to indicate the precision of a number. Significant figures refer to all the digits in a number that are known with certainty, including both non-zero digits and zeros that are between non-zero digits or at the end of a decimal. Significant digits, on the other hand, refer to all the non-zero digits in a number, excluding any leading or trailing zeros. In essence, significant figures provide a more accurate representation of the precision of a number compared to significant digits.


What is the weight difference between earth and neptune?

Strictly speaking you should say "mass" for this sort of question. Anyway Neptune's mass is about 17 times the Earth's mass.


An element with an electronegativity of 0.9 bonds with an element with an electronegativity 0f 3.1 which phrase best describes the bond between these elements?

Mostly ionic in character and formed between a metal and non metal


How many significant figure 1.008 in number?

The number 1.008 has four significant figures. All non-zero digits are significant, and the zero between the 1 and 8 is also significant. The leading zero before the decimal does not count as a significant figure.


How many significant numbers does 0.0700000 have?

Two. The zeros between the seven and six are significant.


What is the difference between falling action and resolution?

The resolution it the ending of the story and the falling action is leading into the end.