inelastic which means it doesnt lose its shape easily
The southern economy was dependent on agriculture. The plantation owners used slaves to get the work done more quickly and because they didn't have to pay slaves because they are slaves. It did decline somewhat because cotton(the main staple product in the south) has seeds but picking them by hand was too slow and then the cotton would lose its value. Then slavery increased because an inventor named Eli Whitney made the cotton gin, a machine used to pick cotton seeds. Eli Whitney hoped his machine would help slavery decline but the opposite had happened. Since the cotton could have the seeds picked faster they needed more people to plant and harvest the cotton A.K.A. slaves.
The cotton gin led to an increase in cotton production, which in turn increased the demand for enslaved labor to work in the cotton fields. This reinforced and expanded the institution of slavery in the southern United States. Additionally, the cotton gin contributed to the economic disparity between the North and South, as the South's economy became heavily reliant on cotton production.
The expansion of cotton plantations in the South, particularly after the invention of the cotton gin in 1793, significantly increased the demand for slaves to work in the fields. The profitability of cotton as a cash crop led to an expansion of slave labor in the region to meet the growing demand for cotton production.
The invention of the cotton gin made it easier and faster to process cotton, leading to increased demand for cotton production. This demand resulted in the expansion of cotton plantations, which in turn increased the need for labor, leading to the use of more enslaved people to work on the plantations to meet the growing demand for cotton.
The invention of the cotton gin by Eli Whitney in the early 19th century significantly increased the demand for slave labor in the southern United States due to the rise of cotton production. The cotton gin allowed for faster and more efficient processing of cotton, leading to a boom in the cotton industry and a higher demand for enslaved workers to cultivate and harvest cotton crops.
Inelastic
The product will tend to be elastic if the purchase of a product could possibly be delayed.
The factors that determine whether a product has elastic, inelastic, or unit-elastic demand in the market include the availability of substitutes, the necessity of the product, the proportion of income spent on the product, and the time frame considered.
elastic
The midpoint between elastic and inelastic is unit elastic
is soap elastic or inelastic supply
elastic
just check momentum before and after and if they're the same then elastic if not then inelastic.
difference between elastic and inelastic demand
Either elastic or inelastic
elastic
Highly elastic.