Question

All the following were true of the American economy under Cotton Kingdom EXCEPT a the South reaped all the profits from the cotton trade. b 75 percent of the British supply of cotton came from the South. c quick profits from cotton drew planters to its economic enterprise. d the South produced more than half the entire world's supply of cotton. e cotton accounted for half the value of all American exports after 1840.

Answer 1

Answer:

a) the South reaped all the profits from the cotton trade.

Explanation:

Cotton grown in the southern states of the US helped to start the industrial revolution in the United Kingdom and northern states in the US. Even though cotton was not grown in northern states, the factories that processed cotton were located there. The south provided the raw materials and the north provided the final processed goods.