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The north was more urban, while the south was more rural.
Southern States were free states; Northern states were slave States.
Virginia was founded primarily for the purpose of profit by the joint-stock owned Virginia Company of London. It was also important in giving England territorial claims in America to match Spanish and French expansion, and to also give England markets and resources in the New World.
Agricultural prices and earnings fell. Shipping-related industries were devastated. Causing a financial depression from 1807-1814.
