Why was the American economy so dependent on slavery?

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02-02-2021
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Why was the American economy so dependent on slavery?

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trinityetaylor trinityetaylor · Answer 1 · 2021-02-02T17:20:50-05:00

trinityetaylor trinityetaylor

02-02-2021

Answer:

As cotton became the backbone of the Southern economy, slavery drove impressive profits. The benefits of cotton produced by enslaved workers extended to industries beyond the South. In the North and Great Britain, cotton mills hummed, while the financial and shipping industries also saw gains.

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