USA HISTORY

Detailed explanation-1: -Despite the industrialization of some segments of the Southern economy-a change promoted by Southern leaders who called for a “New South”-agriculture based on sharecropping and tenant farming continued to be the primary economic activity in the South.

Detailed explanation-2: -There were three main areas of industrial advancement in the South-cotton milling, iron production and manufacturing, and the tobacco industry. But first it was necessary to rebuild the transportation and communication systems that had been destroyed during the Civil War.

Detailed explanation-3: -While factories were built all over the North and South, the vast majority of industrial manufacturing was taking place in the North. The South had almost 25% of the country’s free population, but only 10% of the country’s capital in 1860.

Detailed explanation-4: -With cash crops of tobacco, cotton and sugar cane, America’s southern states became the economic engine of the burgeoning nation. Their fuel of choice? Human slavery. If the Confederacy had been a separate nation, it would have ranked as the fourth richest in the world at the start of the Civil War.