How Did Slavery Influenced America's Economy

The North’s economy was based on textiles, shipping, and skilled trades. Their climate was not suited for the same type of agricultural products that the South produced like cotton, sugar, rice and tobacco. Northern states like New England manufactured and shipped goods like guns, clocks, plows and axes (page 399). One reason for the South’s dependence on slavery is because their economy relied on the existence of slave labor. For example, the cultivation of cotton depended largely on slave labor, with 75% of the crop grown on plantations,

The author also explores the profitability of slavery as an institution, as while the tendency of slave owners to keep their capital invested in slaves rather than industry resulted in a lack of economic diversification in the South, it also resulted in great profits during times of high demand for agricultural products. Phillips states that more research is required in this area.

In 1794, U.S. inventor Eli Whitney patented a machine that transformed the production of cotton by significantly speeding up the process of removing seeds from cotton fiber called the cotton gin. By the middle of the 19th century cotton had become America’s leading export. This gave Sothern’s the rationalization to maintain and expand slavery despite large number of abolitionists in America. While the cotton gin made cotton processing easier, it facilitated planters in earning greater profits, resulting in larger cotton crops. This in turn increased slavery because it was the cheapest form of labor. As for the North, particularly New England, the cotton gin and cotton’s increase meant a steady supply of raw materials for its textile mills.

The crops grown on plantations and the slavery system changed significantly between 1800-1860. In the early 1800s, plantation owners grew a variety of crops – cotton, sugar, rice, tobacco, hemp, and wheat. Cotton had the potential to be profitable, but there was wasn’t much area where cotton could be grown. However, the invention of the cotton gin changed this - the cotton gin was a machine that made it much easier to separate the seeds from cotton. Plantation owners could now grow lots of cotton; this would make them a lot of money. As a result, slavery became more important because the demand for cotton was high worldwide. By 1860, cotton was the main export of the south. The invention of the cotton gin and high demand for cotton changed

In the 1790’s the invention of the cotton gin by Eli Whitney sparked an increase in cotton production in the South. The cotton gin decreased the labor time it took to pick seeds from the cotton. Slave owners moved or sold their slaves to deep Southern states

Great post. The invention of the cotton gin immensely changed the American economy. Southern cotton farmers planted larger crops, while Northern textile factories grew up to take advantage of the sudden cheapness of cotton. By 1860, the American South provided roughly two-thirds of the cotton sold worldwide, shipping it from its flourishing ports such as New Orleans and Charleston. However, in order to harvest and process those crops, Southerners needed more workers. The population of enslaved workers increased by 1850, and a higher ratio worked in the cotton fields than ever before. By the time of the Civil War, the invention of the cotton gin had led to an American South heavily dependent upon slavery for its

Case, John Brown 's Raid, and the passage of the fugitive slave act that held

The growth of the cotton industry impacted America economically and socially. “The domestic slave trade exploded, providing economic opportunities for whites involved in many aspects of the trade and increasing the possibility of

Due to this, the economy of America at this period of time was centred around cotton and as Clement Eaton stated, 'After the invention of the cotton gin in 1793, the tempo of life in the South quickened.' The industry was able to achieve large profits through the use of slaves-the cheapest labour of all-and eventually 'Three-fourths of the world's supply of cotton came from the southern states.'

Another major question to be dealt with in dealing with the importance of the slave trade to the development of plantation economies is how strong was the like between the slave trade and the development of plantation economies, Eric Williams in his book Capitalism and Slavery argues that in the production of crops such as sugar and cocoa with the use of slave labour, when producing in large units such as a plantation the cost of production goes down. So by this argument slavery is a necessity for the maximization of profits in the plantation system and as has been previously shown Indian slavery ended in failure and whites could not be enslaved so therefore that left only Africa with its large population and close proximity so the slave trade became a necessity to bring African slaves without which maximum profit could not be achieved Williams quotes Merivale as writing "slavery was an economic institution of the first importance." An example of this what ids

With the economic system, the south had a very hard time producing their main source “cotton and tobacco”. “Cotton became commercially significant in the 1790’s after the invention of a new cotton gin by Eli Whitney. (PG 314)” Let

Therefore, the population of slaves started to grow again in the 1790s and spread into other lands that became the cotton belt (Clifford, 2005). At round 1793, cotton cultivation expanded into large scale as a result of the invention of gin. The slaves in the southern states were used as laborers in spite of the American Revolution’s natural rights philosophy (Clifford, 2005). According to Clifford (2005), the slave owners started to improve the lives of their slaves on the cotton plantations after a

With Eli Whitney’s invention of the cotton gin in 1793, cotton became very profitable. This machine was able to reduce the time it took to separate seeds from the cotton. However, at the same time the increase in the number of plantations willing to move from other crops to cotton meant the greater need for a large amount of cheap labor, i.e. slaves. Thus, the southern economy became a one crop economy, depending on cotton and therefore on slavery. On the other hand, the northern economy was based more on industry than agriculture. In fact, the northern industries were purchasing the raw cotton and turning it into finished goods. This disparity between the two set up a

a) There was a huge social gap between poor people and rich people in the

During the development of the colonies and the nation as a whole, slaves were utilized in order to produce the crops and perform laborious tasks that were “below” white people. In the 1660s, there was an increased demand for tobacco products as well as indigo and rice in England (“African American Slavery in the Colonial Era, 1619-1775”). In order to fulfill the demand, there was a spike in interest in purchasing slaves. More and more slaves were needed to produce larger amounts of crops for the plantation owners.