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What factor could explain the difference in antebellum economic growth and opportunity between the north and the south as documented by hinton helper?
The difference in antebellum economic growth and opportunity between the North and the South, as documented by Hinton Helper, can be attributed primarily to the South's reliance on an agrarian economy based on slave labor, which stifled industrial development and innovation. In contrast, the North embraced industrialization, leading to a more diversified economy that fostered economic growth and opportunities for a broader segment of the population. Additionally, the North's infrastructure improvements, such as railroads and telegraphs, facilitated trade and communication, further enhancing its economic prowess. This disparity in economic foundations ultimately shaped the divergent social and economic landscapes of the two regions.
What else can I help you with?
During the antebellum era how did South mainly view slavery?
As a economic issue
How did the Industrial Revolution signify a social and economic change in Antebellum America?
The Industrial Revolution marked a profound shift in Antebellum America by transitioning the economy from agrarian-based to industrial and manufacturing-driven. This change fostered urbanization as people moved to cities for factory jobs, altering social structures and creating a distinct working class. Additionally, it spurred innovations in transportation and communication, which facilitated commerce and interconnected regions, further transforming societal dynamics and economic practices. Overall, the Industrial Revolution laid the groundwork for modern American society and economy.
Why did Americans move from east for economic reasons?
During the 1800s that would have been 'opportunity'. A chance at a new life, free land and money!
What attracted African Americans to the north and Midwest?
They wanted more economic opportunity in the larger northern and midwestern cities.
Why were the colonies started?
Some of the colonies were started for religious freedom such as Massachusetts, Pennsylvania, and Rhode Island. Others were started for economic opportunity such as New York, Virginia, North Carolina and South Carolina.
How did the south view slavery during the antebellum era?
As a economic issue
What was the main economic activity of the slaves?
If you are referring to the slaves of the antebellum South, the main economic activity was cotton farming.
What socio-economic system was the south's antebellum economy based upon?
Slaves
During the antebellum era how did South mainly view slavery?
As a economic issue
When is economic profit said to exist in a market?
difference between the revenue received from the sale of an output and the opportunity cost of the inputs used. This can be used as another name for "economic value added" (EVA).
What is the opportunity to control ones own economic decisions?
The opportunity to control ones own economic decisions is a free enterprise.
Which economic system has the most opportunity for people to have economic success?
Arguably capitalism
What is the definition of Economic Opportunity?
Economic opportunity is a United States Public Law. This law was made to formationlocal Community Action Agencies as part of the War.
Difference between accounting profit and economist's profit?
The accounting profit is the difference between total revenue and total cost excluding the economic cost (opportunity cost) of owner-supplied resources such as time and capital. At the other hand, In the economic cost, we include the opportunity cost in our calculations. · When total revenue exceeds both explicit and implicit costs, the firm earns economic profit. · Economic profit is smaller than accounting profit Another answer culed be: Economic Profit is slightly different than accounting profit, which merely the firm's total revenues minus its total costs. Economic profit is defined as total revenues minus total operating costs minus opportunity cost. Opportunity cost is defined as the cost of the profits you forgo by not doing another activity. For example the opportunity costs of opening a lemonade stand is equal to the difference between the accounting profits of the lemonade stand minus the accounting profits of a more profitable hot dog stand.
What does 'economic opportunity' mean?
Jobs and services
What are royalties in economic s?
they are the seperation of the opportunity cost
Today society sees slavery as a moral issue. During the antebellum era how did the South mainly view slavery?
as an economic issue
