Question

US Economic History

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What does the trend of slave prices tell us about the trend of the profitability of slavery through 1860?

What happened to the American birth rate during the Great Depression? Why?

Table 2.6 includes a list of different worker characteristics that would add or reduce the length of the indenture contract. What was one of these characteristics and would this lengthen or reduce the length of the contract? Why?

What was free banking? Name one benefit and one cost to free banking (so name 2 things).

Answer 1

Although the south prospered, its wealth was evenly distributed. The voluminous  enslaved those who produced a considerable  portion of the country's wealth failef to have high social mobility. the poor southern whites someone day envisioned that the world would rise high enough to  have enslaved workers.

Great DEPRESSION IN US,
During the Great Depression, US fertility/birth  rates plummeted. Depression usually affects the time of fertility, but not the total number of children in a woman's lifetime.Fertility rates plummeted during the Great Depression, and birth rates plummeted during the 1920s, a period of rapid economic growth - with many couples using birth control to limit family size.reason,Husbands who were fired and unable to find work abandoned their wives. The couple decided not to have children until they had more financial stability. The wives had to go out to earn a living, and they could not afford to care for a baby. The financially distressed couple was contemplating getting a divorce/The couple decided not to have children until they had more financial stability

FREE BANKING:-

"It could be a financial arrangement where banks are liberated to issue their own paper money while not subject to special rules apart from those applicable to most ventures.

Free banking is a completely free market for money.Banking We are free to accept or recalculate money. Provide your own brand payment instruments .

The Benefit of Free Banking Freedom for All People in a society with free banking will be politically and economically liberated. Money and banking problems are easy for everyone to understand because people organize themselves between property rights.

Current accounts are the most
Valuable type of personal current account. They also offer more methods
Free banking To allow users to access current number accesses and offer an average higher payment