Answer: Innovations in agricultural technology increased the production of cotton. As a result, Southern plantations needed greater numbers of enslaved workers.
Back then, the technology advancement , especially in agricultural sector, significantly increased the total production. This cause the demand of overall labor decreased. The northern US, who utilized more of this advancement more than their southern neighbor, manage to produce hundred times more output than the southern who still depended on their slave labor
the North's boomed-due to the government's setting up the national bank, placing interest on loans, and income tax. The south's economy collapsed- as the farmers were told to only produce what was necessary for the soldiers but the money was in the cotton.