land and slaves.
Land and slaves
Land and slaves
Capital (stocks, goods, and assets)
Land and slaves.
The northern states, or the Union, had manufacturing industries and was quickly becoming industrialized. The Union also had strong banking institutions which controlled most of the nation's wealth. Capitalists provided the money needed to invest in assests such as railroads, ship building, and factories (and even provided the capital the southern plantations needed for their spring planting). Real estate in the northern states was also worth more than land in the southern states.
Land and slaves
Land and slaves
Capital (stocks, goods, and assets)
Land and slaves.
Land And Slaves homies G:)
It was the commodity that was in demand all over the world, and the basis for Southern wealth and prestige.
Land and slaves
The northern states, or the Union, had manufacturing industries and was quickly becoming industrialized. The Union also had strong banking institutions which controlled most of the nation's wealth. Capitalists provided the money needed to invest in assests such as railroads, ship building, and factories (and even provided the capital the southern plantations needed for their spring planting). Real estate in the northern states was also worth more than land in the southern states.
london and florida
Cotton plantations in the Southern States brought wealth and prosperity to America. Great Britain was one of the biggest customers for Southern cotton.
Its trading empire.
The Southern part of the United States, particularly the states that were part of the Confederacy during the Civil War, based wealth on the amount of land and number of slaves owned. This system of wealth was built on the plantation economy that relied heavily on slave labor for agriculture.