North and South were heavily dependent on each other during the years before the Civil War. The South produced materials (especially tobacco and cotton) which were America's chief export goods. The southern states exported around 80% of the goods that brought cash into the American economy.
However, there was a price for all that wealth. The southern states did not develop a strong manufacturing economy. Most manufactured goods were made in the northern states or in Britain or France. The southern states imported tools, supplies, implements, shoes, clothing.
A more controversial portion of the picture is the money. Most southern plantations were heavily in debt. Despite exporting huge quantities of cash crops, plantations were not all that profitable. Slaves cost a great deal of money. Slaves had to be housed, fed, clothed, supervised, and guarded all year long even if the growing season was only 6 months. The south's cash crops also consumed the nutrients in the soil and before the mass production of chemical fertilizers this meant farming on ever larger pieces of land, and all that land cost money. Southern plantation owners borrowed heavily from northern banks in New York and Boston (and England, also). They lived a lavish lifestyle on borrowed money, and they depended on the north to supply it.
the south wanted slavery because thet thought it was write and the north said it was knot right to be trited that crull
The rich in the south sold cotton to Britain, whereas the rich in the north didn't.
Both the North and the South had resources that the other did not. The North had all of the factories, money, and industry, but the South had all of the farmland.
The South was dependent on the North and other outside resources. It was more decentralized and was not as developed as the North, which could sustain itself.
yes
Central America
South Korea is economically more advanced.
Because it enabled the huge growth of the cotton industry, whereby the South became a great cotton empire, able to compete economically with the North, but dependent on slavery.
In the south, cotton was, an still is labor intensive. The north was a industrial power, making cotton cloth. North was anti-slavery , yet were economically dependent on the cotton
They are economically dependent on industrialized countries APEX
the south wanted slavery because thet thought it was write and the north said it was knot right to be trited that crull
the south wanted slavery because thet thought it was write and the north said it was knot right to be trited that crull
The rich in the south sold cotton to Britain, whereas the rich in the north didn't.
the north and south were economically and socially distinct from each other
Both the North and the South had resources that the other did not. The North had all of the factories, money, and industry, but the South had all of the farmland.
the north had lots of factories and such while the south had the crop growing and slavery.the slaves had to handpick the cotton until the cotton gin came along.Generally speaking the main differences between the economic situation between the North and the South were the following:1. The South was primarily an economy based on agriculture;2. The North had both a developed manufacturing base along with farmlands that were out of reach by Confederate forces;3. For the most part the South was undeveloped in terms of a strong industrial base; and4. The South was highly dependent economically on slavery.
the north had lots of factories and such while the south had the crop growing and slavery.the slaves had to handpick the cotton until the cotton gin came along.Generally speaking the main differences between the economic situation between the North and the South were the following:1. The South was primarily an economy based on agriculture;2. The North had both a developed manufacturing base along with farmlands that were out of reach by Confederate forces;3. For the most part the South was undeveloped in terms of a strong industrial base; and4. The South was highly dependent economically on slavery.