1. Pre Cival War Economic Development
Slavery made it possible for American economic development prior to the war betwixt the states. War is a very powerful economic tool because it stimulates growth, creates jobs, and provides economic capital. America had achieved much of its" economic growth through war. Between 1800 and 1850 the nation's per capita income had doubled, and the nation found itself richer than ever before. There are different reasons for this increase in the nation's value, mainly slavery and industrialization. In the nineteenth century, the American economy increased for both the North and the South. The North w...
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