Answer:
Some merchants became bankers and many new businesses were financed by profits made from slave-trading. The slave trade played an important role in providing British industry with access to raw materials. This contributed to the increased production of manufactured goods.
Explanation:
In the Upper South, the tobacco market was unstable. ... The growth of the textile industry in Britain and New England created a new demand for the crop. As a result, men and women moved into uncultivated lands to establish new cotton-growing regions.
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Answer:
It deteriorated.
Explanation:
The South’s economy during the Civil War deteriorated;
The civil war freed the slaves consequently getting rid of the majority source of the Southern work force. Moreover, the civil war saw the destruction of a great deal of South's infrastructure including; the destruction of railroads which resulted in short-term damage of the South's economy.