Cotton became important to the prosperity of the entire nation because
A) about three-fourths of the southern cotton crop was sold to New England textile mills.
B) western merchants handled the shipping of southern cotton.
C) it generated about half of the United States' export earnings after 1840.
D) northern farmers profited from selling their foodstuffs to feed southern slaves.
E) cotton futures had come to dominate investment and trading activity.
Correct Answer:
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