The South believed that because of King Cotton European powerhouses such as Britain or France would come to their aid in the Civil War because they relied on the South's cheaper cotton. After a certain point in the war, Britain and France realized it would be useless to join the war on the side of the South. They instead started buying slightly more expensive cotton from Egypt instead.
Economically, the South was heavily based on agriculture. This prevented the South from having readily available artillery and guns for the war. This proved to be a fatal shortcoming.
The Union naval blockade, which prevented the Confederacy from exporting its plentiful cotton in exchange for war-supplies. This crippled the Southern economy.
southern banks struggled to support industrial development
Cottonocracy refers to the wealthy class of Southern cotton plantation owners who held significant political, economic, and social power in the antebellum South. This elite group amassed their wealth through the production and trade of cotton, which was the dominant crop in the region. The cottonocracy played a key role in shaping the economy and culture of the South prior to the Civil War.
economic conditions and interests in each region varied Going back as far as the colonial era the northern and southern regions of America had differed greatly economically. The northern states were based mostly in manufacturing, trade and some agricultural production, while the southern states were vastly agricultural. These early differences also help account for the rapid growth of slavery (in agriculture) in the south and its low incidence in the northern regions. These sectional and economic differences continued to divide the nation and helped contribute to the eruption of the Civil War in 1861.
The First Battle of Bull Run, fought in July 1861, significantly bolstered Southern confidence and pride, leading many in the South to view their Yankee enemies as less formidable than previously thought. The Confederate victory underscored the effectiveness of their military strategy and morale, fostering a sense of superiority and belief in the righteousness of their cause. This battle also intensified the perception among Southerners that the North, despite its larger population and resources, was unprepared for the realities of war. As a result, the Southern view of the Union Army shifted to one of underestimating their capabilities, reinforcing their resolve to fight on.
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Confidence - 2007 was released on: USA: December 2007 (University of Southern California)
The southern colonies major economic activity was farming and a lot of slavery!!
i need this answer for my worksheet
economic reasons
The Southern colonies economic activity was mainly agricultural. Some of the main crops that were grown were rice and tobacco.
-Farming -Fishing -Slavery
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the economic conidition was good. they also had plentiful herbs and medicines
Southern colonies
yes
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