What was the economic system in South in the mid-1800s?

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asked Apr 8, 2021 87.0k views

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Jplindstrom · Answer 1 · 2021-04-14T04:49:11+0000

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There was great wealth in the South, but it was primarily tied up in the slave economy. In 1860, the economic value of slaves in the United States exceeded the invested value of all of the nation's railroads, factories, and banks combined.

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What was the economic system in South in the mid-1800s?

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