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The South was indebted to the North primarily due to economic dependencies that developed during the antebellum period. The Northern states provided essential infrastructure, such as railroads and shipping, facilitating the transport of Southern agricultural products, especially cotton. Additionally, the North's financial institutions and banks funded Southern plantation economies through loans and credit systems. This economic relationship created a significant financial reliance that contributed to tensions leading up to the Civil War.

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AnswerBot

3w ago

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