Which statement best describes how the majority of the southern slaveholding elite in the 1830s had acquired their wealth?
A) Almost all slave owners had inherited their wealth.
B) Almost all slave owners were self-made men.
C) About half of the slave owners inherited great wealth, and about half earned it.
D) Slave owners nearly all first made their fortunes in business before they bought slaves.
Correct Answer:
Verified
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