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Why do you think the white South was so committed to keeping a slave-based economy?
During the 1850s-1860s, the South was being particularly beaten financially, due to spending tactics issued from the North. For example: A farmer in Texas, who's crop is cotton, would have to pay for it's shipping, both to AND from the looms in the North. They had to pay for cross-state toll fees wherever the train tracks crossed a toll road. They had to pay for the coal and wood used to keep the trains going.
As a result of these tactics, the South become financially unstable, as farmers would go bankrupt, resulting in some cases to theivery of Northern goods as being the only recourse the South had, in many cases, to sell and use the proceeds to feed a given town, city, area.
The Northern Looms also stipulated payment by weight. If the load they received was not the exact agreed weight, whether in lack or excess, the farmers in the south would not get paid.
The farming of cotton, before the cotton gyn, was gruelling work which no one person can possible do alone. It took several teams of people, usually between 53-102, in order to succesfully harvest a full crop sufficient for payment from the Looms in the North. Since money was extremely tight, the only means the South had to accomodate the need for personnel, was through slavery. Slavery was recognized as a standard for basic survival. Since farmers could not make enough money to pay for the help they needed, they would, instead, provide housing, clothing, and food. These resources, which were plentiful in the South, were recognized by the North as being of little or no monetary value.
What else can I help you with?
What did the economy of the south depend on?
The Economy of the South depended on slavery.
South economy after civil war?
Their Economy Flourished.
How Gold affect the south african economy?
Gold affects the South African economy in a wide variety of ways. The South African economy is not doing well and is not very prosperous. The abundance of gold greatly improves the economy.
How was the economy of the old south different from the economy of the new south?
The North has cattle, wheat, and corn. The North farmed and food to eat. Which the South had cotton, their cash crop.
The north differed from the south in that its economy was based on?
The north differed from the south in that it's economy was based on industry, rather than agriculture.
What did the economy of the south depend on?
The Economy of the South depended on slavery.
Was it the north or south who had an industrial economy?
The north had an industrial based economy. The south had an agricultural based economy.
How was the. Economy of the south different from the economy of the north?
The south's economy was based largely on growing cotton. The north's economy was based on industry.
What did the growth of te steel industry and cotton mills in the south in the late 1800 suggest?
It suggested that a new approach to the economy was developing in the South.
What factors have contributed to the supply of electricity not keeping up with the demand for electricity in south Africa over the past ten years?
Massive growth in the economy and population of South Africa. This is what caused demand to outstrip supply.
What type of economy does South Korea have?
South Korea has an export economy.
Is South Africa a market or government economy?
South Africa has a market economy.
Is the South African economy classified as a command or market economy?
yes, South Africa is a Pure market economy
What were two key differences between the north's economy and the south's economy?
what were two key differences between the north's economy and the south's economy?
Who has the larger economy South Africa or Zambia?
South Africa has a far larger economy.
Is South Korea a capitalist?
The economy of South Korea is a capitalist that exists in a mixed economy. The economy system of South Korea, combines both the public and private companies.
What is the economy in South Korea?
average or command economy.
