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Which Statement Best Summarizes the Effects of Slavery on the Southern

Question 7

Multiple Choice

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 concentrated wealth and power in the hands of the planter class.

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