In a market economy, the interaction of supply and demand determines the quantity and equilibrium price of the goods and services traded. Likewise, the market is responsible for the distribution of income through the possession of productive factors (capital, labor, etc.). In a market economy, the key signals are prices, which indicate the relative scarcity of resources.
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The geographic factor was actually their location.
Answer:
1. State Rights VS Federal Rights
2. Slavery
3. Economy
Explanation:
1. The Southern States wanted to be able to nuttify federal acts.
2. Slavery was given during the Southern States which didn't allow the black people to be free.
3. The southern economy depended on cotton and consequently, on slave labor.
