Asked by: Dot Grothkoppasked in category: General Last Updated: 13th April, 2020
What were some of the economic differences between the North and South before the Civil War?
Similarly, you may ask, what were the economic differences between the north and south that led to the Civil War?
For years, textbook authors have contended that economic difference between North and South was the primary cause of the Civil War. The northern economy relied on manufacturing and the agricultural southern economy depended on the production of cotton.
Also Know, what was the North's economy like before the Civil War? In 1860, the economic value of slaves in the United States exceeded the invested value of all of the nation's railroads, factories, and banks combined. On the eve of the Civil War, cotton prices were at an all-time high.
Consequently, what are the economic differences between the North and the South?
The south was a lot more rural than the north making a living from plantations and small farms. Most of the south's economy relied on cotton. Only one third of the whole nation's population lived in the south in 1850. There were not many factories or industrial businesses in the south.
How could you compare and contrast the advantages of the North and South at the start of the Civil War?
Despite the North's greater population, however, the South had an army almost equal in size during the first year of the war. The North had an enormous industrial advantage as well. Since the North controlled the navy, the seas were in the hands of the Union. A blockade could suffocate the South.