Antebellum Econ
This cash crop dominated the Southern economy before the Civil War
What is cotton?
This was the most important type of work in the Southern economy before the Civil War
What is farming/cultivating?
After the Civil War, the South struggled because many people lacked this essential resource needed to rebuild
What is money/capital?
This Union strategy crippled Southern trade
What is the naval blockade?
This labor system made large-scale plantation agriculture possible
What is slavery?
Because the South relied almost entirely on agriculture, it depended on this natural resource more than anything else
What is fertile land?
This period following the Civil War aimed at rebuilding the South and defining the status of formerly enslaved people
What is reconstruction?
Prices skyrocketed during the war because the Confederacy printed too much money, causing this
What is inflation?
Unlike the North, the South had very few of these, limiting industrial growth
What are factories?
This transportation was limited in the South, slowing movement of goods
What are railroads?
This emerged after the Civil War to replace the plantation system
What is tenant farming?
This industry suffered greatly during the war because it relied on steady supplies of raw materials that were cut off by battles and blockades
What is the iron industry?
Wealth in the South was measured mostly by land and this type of “property"
What are enslaved people?
Southern states invested very little in this type of economic development
What is industrailization?
The Southern economy struggled to recover because this key part of the economy had been destroyed during the war
What are banking systems?
The South hoped for this support that never came, weakening their economy
What is British intervention?
This nickname described how important a certain crop was to the Southern economy
What is “King Cotton”?
The South relied heavily on this region of the world as buyers of cotton
What is Europe/Britain?
After the war, cotton prices fell due to global competition and this ongoing agricultural problem
What is soil exhaustion?
This law allowed the government to take food and supplies from civilians
What is impressment?