Apush briefly explain one important difference between the economic systems of the north and the south in the period 1790-1840

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Biscuit

History

8 May, 15:55

Apush briefly explain one important difference between the economic systems of the north and the south in the period 1790-1840

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Kaitlin Brady · Answer 1

One important difference between the economic systems of the north and the south in the period 1790-1840 was Industrialization and Immigration.

Basically, the slave economy of the south supported agriculture, while the free society in the North facilitated industrialization. By the mid-1800s, less than 10 percent of the United States' industrial capacity was located in the South, whereas the North was responsible for the production of 97 percent of the country's firearms and 93 percent of its pig iron ... 80 percent of the South population worked on the farms, whereas only 40 percent of the North were employed in agriculture.

The job opportunities created by industrialization in the North served as a major attraction to European immigrants, which led to building major cities in the North. By the mid-1800s, the population of the North was about 23 million while the South's population was around nine million.