The Causes
of the Civil
War
, politics
THEMES economics
ECONOMICS
Northern economics
can be described as INDUSTRIAL
•
factories spring up in Northern cities providing a North of jobs § economic growth
manufacturing making products : not
growing crops
•
Free labour irk { get paid for that
you chose where to hi work
• -
.
Manufacturing free labour
city growth
• + =
•
free labour opportunities immigrants =
free labour multitude of immigrants
22000 miles of railroad lines built in North in 1861 transport goods
•
Southern economics
AGRICULTURAL : farming was a
way of life
US factories were in the South
By only 8% of all
•
1060 ,
•
1- ANTAT IONS
↳ owners : planters
•
planters -
wealthiest Southerners
southern these planters
economy dependent on
•
•
economy was slave labour dependant
•
32% Southern families owned slaves by 1 60
*
slaves -
status symbol
↳
sign of one's wealth
slave labour backbone of Southern
economy
• =
,Timers
isn't what's
Typically having differing economies
going to be
causing a problem but trade was the issue
between Northern and Southern economies specifically in
regards to Tarrifs
Tarr ifs : taxes imported goods
•
on
•
The North wanted protective tarrifs
-
protective tarrifs designed to specifically benefit domestic goods over foreign imports
Theoretically protective Tarrits make foreign goods more expensive compared to
-
,
domestic
goods
↳
making consumers more likely to buy American-made products . : this would
help American
manufacturers mane
money by decreasing foreign competition
This would be
why Northern Manu
factoring cities really supported tarrifs
•
Protective tarr ifs also resulted in tarrifs being applied to that nation's
goods as well
•
Britain responds tarr if
If USA puts protective tarr if on British
goods by putting a American
•
a ,
on
goods can
severely hurt trade between nations
•
The South wanted free trade
•
Free trade : no tarrifs to promote international trade
in Great Britain
majority of their cotton was sold to overseas markets
especially
-
•
Especially to British town of Lancashire (Remember this for Civil War)
trade in
Cotton was important to American
general
•
↳
by 1850 ,
more than half of all US exports were Southern cotton
of the Civil
War
, politics
THEMES economics
ECONOMICS
Northern economics
can be described as INDUSTRIAL
•
factories spring up in Northern cities providing a North of jobs § economic growth
manufacturing making products : not
growing crops
•
Free labour irk { get paid for that
you chose where to hi work
• -
.
Manufacturing free labour
city growth
• + =
•
free labour opportunities immigrants =
free labour multitude of immigrants
22000 miles of railroad lines built in North in 1861 transport goods
•
Southern economics
AGRICULTURAL : farming was a
way of life
US factories were in the South
By only 8% of all
•
1060 ,
•
1- ANTAT IONS
↳ owners : planters
•
planters -
wealthiest Southerners
southern these planters
economy dependent on
•
•
economy was slave labour dependant
•
32% Southern families owned slaves by 1 60
*
slaves -
status symbol
↳
sign of one's wealth
slave labour backbone of Southern
economy
• =
,Timers
isn't what's
Typically having differing economies
going to be
causing a problem but trade was the issue
between Northern and Southern economies specifically in
regards to Tarrifs
Tarr ifs : taxes imported goods
•
on
•
The North wanted protective tarrifs
-
protective tarrifs designed to specifically benefit domestic goods over foreign imports
Theoretically protective Tarrits make foreign goods more expensive compared to
-
,
domestic
goods
↳
making consumers more likely to buy American-made products . : this would
help American
manufacturers mane
money by decreasing foreign competition
This would be
why Northern Manu
factoring cities really supported tarrifs
•
Protective tarr ifs also resulted in tarrifs being applied to that nation's
goods as well
•
Britain responds tarr if
If USA puts protective tarr if on British
goods by putting a American
•
a ,
on
goods can
severely hurt trade between nations
•
The South wanted free trade
•
Free trade : no tarrifs to promote international trade
in Great Britain
majority of their cotton was sold to overseas markets
especially
-
•
Especially to British town of Lancashire (Remember this for Civil War)
trade in
Cotton was important to American
general
•
↳
by 1850 ,
more than half of all US exports were Southern cotton
