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why was cotton significant to the economies of the south and the united states as a whole?
the profits from exporting cotton were put back into in the american economy.
the tariffs on cotton imported through southern ports were a key source of federal income.
the cotton produced tended to stay in america, making the united states less dependent on trade.
the demand for fertilizer good enough to grow cotton drove the industrial revolution in the united states.
- Analyze each option:
- Option 1: During the pre - Civil War era, the South exported large amounts of cotton, and the profits from these exports flowed back into the American economy, funding various economic activities.
- Option 2: The South was a cotton - exporting region, not an importing one, so tariffs on imported cotton through southern ports were not a key source of federal income.
- Option 3: The South was highly dependent on exporting cotton, so the idea that cotton stayed in America and reduced trade dependence is incorrect.
- Option 4: The Industrial Revolution in the US was driven by factors like technological innovation (e.g., in textiles, but the demand for fertilizer for cotton did not drive it).
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A. The profits from exporting cotton were put back into in the American economy.