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Question
question 45
among the consequences of the souths cotton - based economy was
a a relatively equal distribution of property and wealth.
b a stable system of credit and finance.
c increasing immigration of european laborers.
d a growing dependence on the north for trade and manufacturing.
The South's cotton - based economy was agrarian. The North was more industrialized. The South sold cotton (a raw material) to the North (which manufactured goods) and also relied on the North for financial services and trade infrastructure.
- Option A: The South had a highly unequal distribution of property and wealth, with large slave - owning planters at the top.
- Option B: The South's credit and finance system was unstable, often relying on cotton prices and slave - based collateral.
- Option C: The South relied on slave labor, not European immigrant labor.
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D. a growing dependence on the North for trade and manufacturing.