In 4 sentences show how the economies of the Northern and Southern states different, how they were the same, and what factors led them to develop differently
The economies of the Northern and Southern states differed primarily in their dependence on different industries. The Northern states had a more diversified economy, focusing on manufacturing, commerce, and trade. On the other hand, the Southern states relied heavily on agriculture, specifically large-scale plantation farming.
However, there were similarities between the two regions in their reliance on labor. Both the Northern and Southern states utilized enslaved African Americans in some capacity, although the scale and purpose varied significantly. Additionally, both regions engaged in international trade, albeit with different goods and markets.
The factors that led the Northern and Southern states to develop differently can be attributed to various factors, including geography, climate, and social, political, and economic structures. The North's rocky terrain, colder climate, and access to waterways favored the growth of industries, while the South's fertile land and warmer climate facilitated the development of cash crop plantations. Additionally, socio-political differences such as the institution of slavery in the South further shaped their economic systems.