QUESTION 5 When we think of "traditional" economies, we think of land ownership being concentrated among...

QUESTION 5

When we think of "traditional" economies, we think of land ownership being concentrated among a tiny few. Was this the case in the South before the Civil War?

a		Yes, especially in the case of plantations where large-scale production of export commodities (especially cotton and tobacco) was practiced.
b		No, the South was the paradise of the small independent farmer.
c		No, the South was characterized by hundreds of small plantations, growing cities, massive immigration, and rapid technological development.
d		No, because the South was mainly wilderness.

Expert Solution

a) Yes because large amount of land was owned by Southern planters who planted especially cotton and tobacco and agriculture was the main profession here and their trade flourishes basis slavery and native people who worked in their plants before civil war and they were cheaply available and they were forced to work in their plants due to slavery.

b) No this option is wrong since large part of land was owned by big planters who planted mainly cotton and tobacco and its soil was red and fertile and agriculture was the main profession here.

c) No South was mainly an agriculture dominated area and it was dominated by big planters and not the small one and south comprises of many states and they grew mainly cotton and tobacco there and slavery was the basis of their growth and wealth creation and not the technological development, massive migration and growing cities.

d) No South was dominated by agriculture and cotton and tobacco were the main crops there.

Rahul Sunny answered 1 year ago

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