(Holton, 66) Most slave imports were sold on credit due to Virginia’s money crises. The Currency Act—which made printing legal paper tender illegal—did nothing to help alleviate the problem. (Holton, 62) Even big-shot, wealthy growers were unable to make some purchases without using credit. The problem was only more intense for the poor Virginian farmers, who made almost all purchases (especially slaves) on credit. It didn’t help that the slave duty was at a whopping twenty percent.
During this time, the railroad became a massive industry, not just for transportation, but also for production building of the railroads. Industrial workers were a major working force, however, with this boom, a few people came to hold a majority of the wealth while the masses lived in poverty. During this time, laws were severely needed to control the corrupt corporations that ignored the masses. The railroads spanned the whole continent, which lead the opening of settling west. When Lincoln was assassinated in 1865, only 35,000 miles of steam railways were contracted, but by 1900, there were 192,556 miles of railway.
Because of that, northern colonies were more democratic and egalitarian than the one’s in the south. The south colonies were influenced by the dream of achieving great wealth and their economy and government were focused on that exact motive. Agriculture dominated the south with its ability to produce exceptional wealth for plantation owners. However, they were in need of labor and so they “made all men their slaves in hopes of recompenses.” (Doc. F) Many Englishmen brought over indentured servants from Europe who served as the foundation of the labor force for plantations.
On top of that the north had two million men fighting against the the south 's with just 900,000. As quoted from www.markedbyteachers.com/as.../why-did-the-south-lose-the-american-civil-war.html “ Troop levels, army supply and the finance of the war all played a major role in which side was to win the war.”. The north started using black soldiers for the free northern states to fight in the war making their troops larger, because of this the north gained an even bigger advantage. With a 300$ exemption that contradicted the idea of individual liberty, but even though it was available you would have to able to pay for it. Very few people had that kind of money at the time so it was considered ‘Rich mans war and a poor mans fight’ as shown on www.markedbyteachers.com/as.../why-did-the-south-lose-the-american-civil-war.html.
If slavery was abolished, they’d have to find other ways to farm their plantations and would undoubtedly make less money. With American manufactures rising, the government decided to impose a tariff or tax on all imported and exported goods. The excess tax would decrease the import of foreign goods and increase business for the American manufactures in the North. This forced the South to either pay more for their goods, get the goods from the North or manufacture their goods themselves. Slavery was holding the Southern economy together.
In the 1800s, slavery was a prominent figure in the United States of America. . As no clear records of slaves were kept, estimates of their total numbers can not be based on a census, but are instead determined by the knowledge that slaves (originally brought to the New World in 1619) reproduced at a rapid rate. Additionally, the continued influx of slaves through the American Civil War caused the total number of enslaved Africans to grow. Thus, In the mid-1800s, the total number of slaves was estimated to be somewhere in the realm of four million.
Another result of the end of the war was the Depression of 1873, which raised the unemployment rate to 15% and created greater tensions among the working class in the United States. The economically flourishing South transformed into an economically struggling area, while the North suffered as a result of the collapse of the banks. The Civil War and Reconstruction brought about many economic struggles to the United States and transformed the status of the South. The Civil War indisputably transformed the United States politically, socially, and economically. The 13th, 14th, and 15th Amendments sparked most of these changes in addition to the reunification of the Confederate states.
However, they were very diverse in the items they wanted to produce. So they became more focused on industry. Items like cotton, wool, pig iron, weapons, furniture, and other important items were being produced at a faster rate than the south. "By 1860, 90 percent of the nation 's manufacturing output came from the northern states” (Industry and Economy during the Civil War) The need for slaves in the north had reduced drastically. Slavery wasn 't needed in the North as much as it was in the south.
Slavery’s Role in Modernization As a result of modernization, the rapidly growing industries depend on more manufacturing companies to sustain their needs, even if it means slavery has a major contribution in mass productions. Just like African American slaves from 18th century America (referred as African American slaves here), slaves in modern day Asian countries (referred as slaves in Asia here) suffer from living in horrid conditions that provide a lack of basic human necessities. African American slaves were used to pick cotton and tobacco leaves, whereas Asian slaves are used in manufacturing companies. However, the supplied labor from both types of slaves contributes to the benefit of their superior. Asian slaves are brutally punished
Furthermore, the Spanish American War created more racism in our country. Since slavery became illegal after the Civil War, many Americans needed to get their anger off in other ways. "Frederick Douglass’ son Lewis, saw the war as an extension of America’s racist ideology, for it resulted in 'in the acquisition of an empire containing millions of colored people '" (203). With more colored people part of the American empire, white supremacy was increased. Not only did whites have black people to oppress, but also millions of brown people in the former Spanish lands.
Major changes have begun to take started occurring during Civil War period, making the United States the leading and most successful industrial power in the world. Although that does not suggest that the United States as a whole cooperated with one another as a nation at peace. The North and the South’s way of life differ significantly from each other. While the North continued to grow industrially, economically, and in population, the South resisted to follow the same path as the North. Slavery survived the years during the Revolution, but major changes in the economy made any chance of unity between the slave-free North and the slave-driving South nearly impossible.