Essay heading: Economics Of Slavery During Civil War

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American History

 

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Date added:

October 5, 1996

 

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2 / 466

 

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Northern farmers and manufacturers found ready markets for their products in southern towns and cities, but especially on the southern plantations. If the products of slave labor stimulated the nations’ economic development, the slave South itself remained primarily agricultural and did not experienced the urban and industrial growth that took place in the North...
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If the products of slave labor stimulated the nations’ economic development, the slave South itself remained primarily agricultural and did not experienced the urban and industrial growth that took place in the North. The price of slaves in 1850s raised about three times the cost in1820s. While the value of owning slaves increasing in prices, the value of the South’s agricultural output remained increase...
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