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Before the Civil War, the South had a larger share of the wealthiest states, primarily due to its agrarian economy reliant on cotton and slave labor. States like Mississippi, Louisiana, and South Carolina had high per capita wealth, largely driven by their plantation economies. In contrast, the North was more industrialized and urbanized, but its wealth was more evenly distributed among a larger population. Thus, while the North had significant economic power, the South had a concentration of wealth among fewer states.

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