StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Development of the cotton economy in the South 1776-1860 - Essay Example

Cite this document
Summary
Name: University: Course: Tutor: Date: Development of the Cotton Economy in the South 1776-1860 Introduction During the period 1776-1860, cotton kingdom in Southern parts of USA grew into enormous agricultural and industrial units, dispensing out large amounts of fibre…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.1% of users find it useful
Development of the cotton economy in the South 1776-1860
Read Text Preview

Extract of sample "Development of the cotton economy in the South 1776-1860"

Download file to see previous pages

The Northern merchants reaped huge gains from cotton trade as they were engaged in buying cotton from farmers and exporting it to England in exchange for manufactured products. According to Seavoy (184), the trade business in North American states was actually an international affair as those in the North would export to foreign markets the cotton they had bought from the southern farmers. The economic success for both the north and south lay on the support of the southern slaves, which saw the emergence of capitalism, slavery/ forced labor and the civil war.

This paper looks at the impacts of cotton farming and the long term effects it had on the American history. Development of the cotton economy in the South The economy of North America and South America differed in that the northerners chose manufacturing system while the southerners chose landowning aristocracy. The aristocratic federal system allowed a high degree of independence as labor was drawn from various fronts. Demand for labor rose sharply in the seventeenth and eighteenth centuries in both North and South America.

Northern immigrants came from Europe and were excellently absorbed into society while Southern immigrants came from Africa and they were not absorbed. . They were sold to Southern American planters. Instead of paying the immigrants themselves, planters in the South paid the ship captains. Due to capitalism, the planters overworked the immigrants in order to pay higher prices to ship captains. Southern immigrants as well as their children became slaves for their entire lives. The slaves were increasingly used to grow cotton in the South.

Cotton accounted for fifty percent of all American exports and the South generated more than fifty percent of the global supply of cotton in 1840. This enormous production, as Walton and Rockoff, (p 125) and say held many foreign countries in partial repression. By then, Britain was the leader in terms of industrial power, and its most pertinent manufacture was cotton cloth. Southerners repressed nations like Britain as they perfectly knew that Britain was attached to them mostly by raw cotton.

This dependence gave them an invigorating sense of power. The South grew rapidly as a result of cotton and diversified agriculture. The rapacious craving for cotton in Lancashire matched the increasing production in the South driven by vitality of slave institutions and availability of cotton growing land. The immorality of enslaving Africans has continuously haunted American economic history. African enslavement became a prime factor in antebellum politics and a pertinent aspect in the civil war.

Even today, the role of blacks in American history and economy persists. The antebellum Southern encounter was largely as a result of peculiar slavery institution. Cotton economy restrains industrialization in the south Cotton economy in the South

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Development of the cotton economy in the South 1776-1860 Essay”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1485648-development-of-the-cotton-economy-in-the-south
(Development of the Cotton Economy in the South 1776-1860 Essay)
https://studentshare.org/macro-microeconomics/1485648-development-of-the-cotton-economy-in-the-south.
“Development of the Cotton Economy in the South 1776-1860 Essay”, n.d. https://studentshare.org/macro-microeconomics/1485648-development-of-the-cotton-economy-in-the-south.
  • Cited: 0 times

CHECK THESE SAMPLES OF Development of the cotton economy in the South 1776-1860

Why the North won the American Civil War

The social priorities were supported by economic development of the North which always plays a major role considered as the main indicator of future success or failure of a country.... This psychological perception of the differences between the south and North strengthened the positions of the North as the custodian of peace and constancy.... And when during the war time the south needed financing, "almost 60 per cent was derived from the issue of paper money, about 30 per cent from the sale of bonds, and less than 5 per cent from taxation (the remaining 5 percent from miscellaneous sources....
12 Pages (3000 words) Essay

American View of Slavery from 1790 to 1820s

But with the invention of the cotton gin by Eli Whitney, a device designed to separate the cotton from the seeds and the seed pods, the economic value of plantation slavery was re-inforced in 1793.... the cotton-growing industry was revolutionized by the invention, increasing production fifty-fold, and the demand for slave labour.... The labor of enslaved Africans proved crucial in the development of South Carolina, Georgia, and Maryland, and contributed indirectly through commerce to the fortunes of New York, Massachussetts, and Pennsylvania....
2 Pages (500 words) Essay

Reasons and Main Regions of American Expansion

From there it was to continue along the north of the Red River, along the south bank of the Red River to the one – hundredth degree of east longitude.... Subsequently, the border was to pass north of the Arkansas and then onwards to the south bank of the Arkansas.... The expansion took place in the directions of the south, west, and the declining Spanish empire's new territories.... hellip; In 1787, south Carolina and in 1790, North Carolina were ceded....
8 Pages (2000 words) Essay

Cause and Effect of the Dread's Scott Decision

This act permitted each newly admitted state south of the 40th parallel to decide whether to be a slave state or free state.... During this period America was transformed from a primitive agricultural economy to the foremost industrial power in the world, contributing to more than a third of the global industrial output....
5 Pages (1250 words) Research Paper

History homework

The small farmers of the southern regions were producing cash crops and cotton, they were helped by the rich farmers in their plantation activities and the rich farmers even provided them with machines for farming purposes.... They used to rely on production of tobacco, subsistence crop and low amount of cotton....
9 Pages (2250 words) Assignment

Women's Suffrage

The paper "Women's Suffrage" wants to bring your attention to the historical background of women suffrage, and finally deal with the missing link, the argument against women suffrage as other authors only based their discussion on the impacts of women suffrage, its social impacts.... nbsp; Words: 44 Characters: 282 … In 1776 Abigail Adams had written to her husband John Adams to ask him to remember ladies when they wrote the new laws....
7 Pages (1750 words) Case Study

Modern World History

Europeans desired to trade with the Chinese in silk and porcelain, spices of south East Asia, and cotton textiles and Indigo from India.... Explorer Christopher Columbus discovered the western hemisphere and established the foundations for the modern global economy.... The Spanish economy was distorted because vast amounts of gold and silver were imported leading to price revolution....
7 Pages (1750 words) Essay

The American Abolitionist Movement and contacts with the Caribbean

The American abolitionist movement takes place at a time when cruelty and injustice towards African American slaves in the United States couldn't get worse.... These slaves are treated by their masters as though they were lesser creations and are subjected to ignoble conditions… The slaves who are ‘owned' by their masters are forced to work ceaselessly by the end of a whip (with bruised backs) or threat of punishment by death (for perceptions of being ‘lazy' or rebellious) in their masters' farms and The female slaves are used as sex slaves by their masters and sons (and in instances where pregnancy arose, for example, the slave would be murdered, exiled or coerced into potentially lethal abortions) while black males in some households were castrated....
9 Pages (2250 words) Annotated Bibliography
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us