I don’t know the answer choices, but here’s what I can help you with.
In 1501, shortly after Christopher Columbus discovered America, Spain and Portugal began shipping African slaves to South America to work on their plantations. In the 1600s, English colonists in Virginia began buying Africans to help grow tobacco.
The statement which is not true about concerning the economics of the Industrial Revolution is Short-term capital was most often used to purchase more land.
Answer: Option B
<u>Explanation:</u>
The statements that have been given in the question are directly related to the changes in the economy because of the industrial revolution. Capital became more important than land during the era of industrial revolution and there was need of two kinds of capital short term and long term for industrialization.
More over the financial systems in this era was much more complex as compared to the agricultural based society. But purchasing of land with short term capital had no direct link with industrial revolution.
the north had more people and less farmland so they didnt have the need for slaves therefore they thought that people didnt need slaves. meanwhile the south had mor farmland and a higher need of slaves
