Which statement best summarizes the effects of slavery on the southern economy?
A) It was a highly efficient mode of production.
B) It helped diversify the southern economy, but was not highly profitable.
C) It released capital for investment that would otherwise have been tied up in wages.
D) It retarded southern development and led to economic dependency on the North.
Correct Answer:
Verified
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Q4: Which of the following was NOT true
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Q7: In the 1830s, reacting to Nat Turner's
Q8: The _ system of social stratification separated
Q9: Within the slave community, _ slaves sometimes
Q10: Most often slave folktales used _ as
Q11: Some defenders of slavery used the paternalistic
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