SETTLING NORTH AMERICA 1497 1732
THE SOUTHERN COLONIES SETTLEMENT AND GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The economy depended on slavery.
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true
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Slavery was so profitable, it sprouted more millionaires per capita in the Mississippi River valley than anywhere in the nation. With cash crops of tobacco, cotton and sugar cane, America’s southern states became the economic engine of the burgeoning nation.
Detailed explanation-2: -According to Anderson, “80 percent of the nation’s gross national product was tied to slavery” in 1860.
Detailed explanation-3: -In fact, slavery was not even meant to be profitable. Slaveowners were keener on flaunting their vast plantations and huge reserves of slaves than they were about profits and investment. Rational economic decisions were sacrificed for pomp and circumstance.
There is 1 question to complete.