I believe it was because they owed money
Penn limited his own power and established an elected assembly. He promised religious freedom to all Christians.
The correct answer is:
a. Cotton Mills
During the Reconstruction Era, Cotton became a protagonist in the industrial growth of the Southern States. Southern capitalists sank Money into cotton rather than factories or land. More precisely, they invested in slaves; the average slave owner held almost two-thirds of his wealth in slaves in 1860, much less than he held in land.
B, the Spanish colonized what is now “Spain” in hopes of finding gold and other resources, and allowed the Canary Islanders to also colonize their land, this is the only answer with Spain in it as well so it is B