Question

10.) How were the economies of the Northern and Southern states different? How were they the same? What factors led them to develop differently?
( 4 points )

Answer 1

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Answer 2

The economies of the Northern and Southern states were different in that the North had a more industrialized economy, while the South had a more agrarian economy. The North had more factories and businesses, while the South had more plantations and farms. They were the same in that both regions relied heavily on the labor of enslaved people. Factors that led them to develop differently included the geography of the two regions, the availability of resources, and the different economic systems that were in place. The North had access to more resources and was able to develop a more industrialized economy, while the South had fewer resources and was more reliant on agriculture. Additionally, the North had a more capitalist economic system, while the South had a more feudal economic system.