1. Comparing the Antebellum North and South
Engerman has said about Southern planters seems to apply equally well to Northern agriculturalists: they were certainly not "non-calculating individuals not concerned with money." ... By 1860 the Northern share had dropped to 40 percent while the Southern proportion had actually increased slightly to 84 percent. ... The Southern lag in this category of development resulted not from any inherent economic disadvantages, not shortage of capital, nor low rates of return, nor non adaptability of slave labor, but from choices of Southerners who had money to invest it in agriculture and slaves r...
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- Grade Level: Graduate