When the cotton gin was invented in 1793, cotton came to be very lucrative. This machine had the ability to decrease the time taken to separate seeds from the cotton. However, with the number of the plantations willing to change from growing other crops to cotton increasing, there was a greater need for a large amount of cheap labor which was achieved through slavery. This resulted in the Southern economy developing a one crop economy, which depended on cotton and consequently on slavery. In contrast to the South, the Northern economy was centered more on manufacturing than farming.
This only led to the downfall of small business since now they wouldn’t have much inventory and as many customers to sell their goods too. * The Atlantic economy created a new type of trade call the Triangular trade which grouped all the people of the Atlantic colony into one. * The slaves and the new economy worked a lot better since the demand on the slaves increased significantly. * Mercantilism * Is were all the great powers go against one another to see who has the most power and
The middle class believed that because they were the ones working and earning the country’s wealth, they were deserving of the vote. Indeed, there was growing respect for the so-called urban artisans and the skilled working class whose voices were only now beginning to be heard. As the population moved away from rural areas into towns and cities, the landowning aristocrats of those rural areas started to lose their power. With people living and working closer together and improved communication, ideas like democracy and liberalism increased dramatically in popularity. However despite all of these changes in attitudes Britain was still primarily ruled and governed by the upper and upper-middle-class aristocracy.
This couldn’t be further from what slave labor consisted of in the American colonies, where slaves were purchased and the offspring were also enslaved. Although slavery was utilized differently amongst the aforementioned areas, it was still important to each respective economy. The economy of Utopia was arguably the most compelling aspect of the country, and also differed wildly from those of either New England or Virginia. The Utopian economy was Socialist, meaning no one owned any property, and everything belonged to everyone, and all needs were met. People were responsible for working in the fields, yet everyone was also entitled to an education.
When examining differences between any two groups of people, it is important to compare each party’s social structure. Social distinctions boil down to the very character and culture of a society (Pessen 1127). The historian, Edward Pessen, is in this assertion, but his argument that the actual social structures of the North and South should be seen as more similar than different, he is wrong. The Market Revolution brought about social changes in the North that further differed Northern culture from Southern. In the South, the majority of families lived the traditional southern lifestyle of subsistence farming and providing for themselves, giving them a weak link to the market (Holmes, Lecture 9)*.
Slaves were considered property, thus they worked for much cheaper than any other hired help would. This There was an innumerable amount of slaves working for cheap.The effect of this was that they were able to produce much and sell it to other places. Cotton was a very important good at this time one reason being that The north depended on the south to produce the cotton for them to make the cloth. The demand of cotton was so high, that the effect of the sudden depletion of slaves would be very drastic on the textile industry. The economy would be at a state of corruption.
He believed that industry needed to grow and encouraged commerce because it would provide all the revenues it needed. Considering how things are today, the outcome of the nation’s history was mostly in favor of Hamilton’s ideals. The nation’s economy is mixed, with agriculture working alongside industry and trade. Today’s national government is a strong, omnipresent body with authority that overrules the powers of the states, regulates the mixed economy and education. The only exception to this would be universal education, but this would prove to make the nation only stronger.
Needless to say, southern slave owners were not willing to abolish slavery because of the money they stood to lose. The North, on the other hand, was experiencing an industrial revolution. This area of the United States had five times more factories than the South. However, unlike the South, work in these northern factories was carried out by immigrants. Since the North controlled the majority
The North had taxes that protected them for foreign competition and was beginning to make more money. They believed in the freedom of slaves. This made the North become more modern like and have a society in which would have jobs. The North was a firm believer that the nation should stay together, and have a strong central government. More people were coming from Europe to work in the Northern factories, unlike the South who still believed in slavery.
The wealthy always took the best farm land. The poor were indebted to the wealthy to the extent that they even offered themselves as slaves to pay up. Slaves: slaves were also found in Athens, but unlike the Spartans whose slaves where owned by the states, in Athens, slaves were owned by individuals either poor or wealthy. The slaves were either citizens (those that lost their citizenship) or foreigners. This was changed by Solon that no one should use himself to pay for his debts; he then created three groups, the wealthy, merchants and the