![]() |
![]() |
#13 | |
Senior Member
Join Date: Mar 2013
Location: Louisville, KY
Posts: 972
Battle Record: 14-24
Rep Power: 32898726 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() Quote:
Slavery WAS the Southern economy. Slaves were property, they held value and were traded like assets. The South was entirely agriculture dependent and they were able to move so far beyond the subsistence farming more typical of the time because of the steady supply of free labor. This allowed them to expand to cash crops and rake in sizeable profits without worrying about labor costs as businesses expanded. This created a large competitive advantage that coupled with the ideal farming climates of the South and later technological advances of the Industrial Revolution made it difficult for other parts of the world to compete. The slave economy of the South literally built, fed, and paid for much of America. But yeah, you're right, they we're just gonna give all that up eventually.
__________________
![]() |
|
![]() |
Thread Tools | |
Display Modes | |
|
|