South Carolina felt it could demand the withdrawal of northern troops from Fort Sumter because it had seceded from the Union and considered itself an independent state. The presence of federal troops in the fort was seen as a provocation and an infringement on their sovereignty. Additionally, the state believed that the federal government should respect its decision to secede and relinquish control over its territory. Tensions were heightened by the belief that maintaining federal presence would undermine the legitimacy of their secession.
April 1861
demand deposits can be withdrawn from the bank whenever it require. they are widely accepted as a means of payment, along with the currency. thus, it is considered as money
monetary policy
monetary policy
growing rice required much labor,so the demand for slaves increased.
growing rice required much labor,so the demand for slaves increased.
Yes, Northern industrial tools are still in demand, simply because many workers enjoy working with them and enjoys the quality of these tools. Many workers are always in search of Northern industrial tools.
CD is held until maturity and money withdrawn together with accrued interest. In exchange for keeping the money, institutions usually grant higher interest rates than they do on accounts from which money may be withdrawn on demand.
Demand Deposit It is type of an account from which deposited funds can be withdrawn immediately at any time without any notice to the depository institution. Time Deposit It is type of deposit which is in contrast to demand deposit and funds are not available immediately .These are also known as term deposits .
Slaves were in high demand in South Carolina due to the labor-intensive nature of rice and indigo cultivation. The hot and humid climate made it difficult for European indentured servants to work in the plantations, leading to a heavier reliance on enslaved labor from Africa. The profitability of these cash crops fueled the demand for slave labor in the region.
Huge demand for all kinds of war supplies.
John C. Calhoun was a representative from South Carolina and he demanded better transportation systems.