slavery
By the start of the war, what percent of the south was producing the world’s cotton and creating more millionaires per capita in the Mississippi River valley than anywhere in the nation.
producing 75 percent
what is the unemployment rate of whites in feb 2023
3.2
this economic system is based on customs, history and time honored beliefs
traditional economies
when did slavery start
1600s
what is the unemployment rate of men 20 years and older in feb 2023
3.0
A planned economy is a type of economic system where the distribution of goods and services or the investment, production and the allocation of capital goods takes place according to economic plans that are either economy-wide or limited to a category of goods and services. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning
command economy
These open markets where humans were inspected like animals and bought and sold to the highest bidder proved an increasingly lucrative enterprise. By the mid-19th century, a skilled, able-bodied enslaved person could fetch up to $2,000, although prices varied by the state. is called?
the slave auction
what is the unemployment rate of women 20 years and older feb 2023
2.9
a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims
mixed economy
in what year did inventor Eli Whitney devised a machine that combed the cotton bolls free of their seeds in very short order. Manually, one enslaved person could pick the seeds out of 10 pounds of cotton in a day
1794
employment rate of both genders 16-19 feb 2023
9.5
is an economic system in which individuals, rather than the state, own most of the resources. This includes land, labor, and capital. In a market economy, individuals control the use and price of these resources through voluntary decisions made in the marketplace
market economy
what tool did many people believed the cotton gin would reduce the need for enslaved people because the machine could supplant human labor. But in reality, the increased processing capacity accelerated demand. The more cotton processed, the more that could be exported to the mills of Great Britain and New England
the cotton gin
African Americans unemployment rate of feb 2023
5.7
a system where everyone gets paid by the government for the good deeds they do
trick question, it doesn't exist