Its been said that when the slaves were freed the south lost one billion dollars in property, which was what the slaves were assessed at in total for property tax purposes. That was one billion 1860 dollars too, when that was serious money. The slaves had a market value higher than the land they farmed.
As a economic issue
Slavery continued in the South after the American Revolution due to economic dependence on plantation agriculture, particularly in the production of cash crops like cotton and tobacco, which required a large labor force. The social and political structures in the South also reinforced the institution of slavery, as many white Southerners viewed it as essential to their way of life and economic prosperity. Additionally, the lack of industrialization in the South compared to the North meant that slavery remained entrenched as a labor system. Efforts to abolish slavery were met with resistance, as many Southerners feared economic and social upheaval.
One of the main economic reasons the Upper South seceded after the Lower South was the fear of losing their economic interests tied to slavery and cotton production. As the conflict over slavery intensified, Upper South states recognized the potential threat to their agricultural economy and the profits derived from slave labor. Additionally, the Upper South relied on the Lower South's cotton economy; their secession was motivated by the desire to protect their own economic stability and political power within a slaveholding Confederacy.
The south was against slavery.
One of the main economic reasons the Upper South seceded after the Lower South was the increasing pressure to protect their agricultural economy, which was heavily reliant on slavery. While the Upper South had a more diversified economy compared to the Lower South, they still depended on slave labor for tobacco and other crops. As tensions escalated over issues like tariffs and the potential abolition of slavery, the Upper South felt it necessary to join the Confederacy to safeguard their economic interests and social order.
The South looked at slavery as an economic issue. The North viewed slavery as a moral issue. In the North, slavery was proving to be unprofitable in the North and was dying out by the end of the American Revolution, but in the South white Southerners were increasingly more defensive of slavery.
The South looked at slavery as an economic issue. The North viewed slavery as a moral issue. In the North, slavery was proving to be unprofitable in the North and was dying out by the end of the American Revolution, but in the South white Southerners were increasingly more defensive of slavery.
As a economic issue
Export of cotton, which was heavily dependent on slavery.
As a economic issue
Slavery was a big issue between the north and the south.
as an economic issue
as an economic issue
True. Slavery was a central economic and social institution in the southern United States before the Civil War, shaping the region's culture and politics. This dependence on slavery contributed to the South's resistance to social and economic changes that could have modernized the region.
The extintion of slavery.
Slavery continued in the South after the American Revolution due to economic dependence on plantation agriculture, particularly in the production of cash crops like cotton and tobacco, which required a large labor force. The social and political structures in the South also reinforced the institution of slavery, as many white Southerners viewed it as essential to their way of life and economic prosperity. Additionally, the lack of industrialization in the South compared to the North meant that slavery remained entrenched as a labor system. Efforts to abolish slavery were met with resistance, as many Southerners feared economic and social upheaval.
Gavin Wright has written: 'Slavery and American economic development' 'Old South, New South' -- subject(s): Industries, Economic conditions, History