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  • Political Corruption in Postbellum America
  • Key Political Issues: Patronage, Tariffs, and Gold
  • Farmers Revolt in the Populist Era
  • Social and Labor Unrest in the 1890s
A painting depicts several large steamboats docked at New Orleans. Businessmen chat while slaves and dock workers load and unload large barrels of cargo.
Bateaux à Vapeur Géant, la Nouvelle-Orléans 1853 ( Giant Steamboats at New Orleans, 1853 ), by Hippolyte Sebron, shows how New Orleans, at the mouth of the Mississippi River, was the primary trading hub for the cotton that fueled the growth of the southern economy.

Nine new slave states entered the Union between 1789 and 1860, rapidly expanding and transforming the South into a region of economic growth built on slave labor. In the image above ( [link] ), innumerable slaves load cargo onto a steamship in the Port of New Orleans, the commercial center of the antebellum South, while two well-dressed white men stand by talking. Commercial activity extends as far as the eye can see.

By the mid-nineteenth century, southern commercial centers like New Orleans had become home to the greatest concentration of wealth in the United States. While most white southerners did not own slaves, they aspired to join the ranks of elite slaveholders, who played a key role in the politics of both the South and the nation. Meanwhile, slavery shaped the culture and society of the South, which rested on a racial ideology of white supremacy and a vision of the United States as a white man’s republic. Slaves endured the traumas of slavery by creating their own culture and using the Christian message of redemption to find hope for a world of freedom without violence.

Questions & Answers

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
can you send the book attached ?
Ariel
?
Ariel
What is economics
Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn Reply
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn
what is ecnomics
Jan Reply
this is the study of how the society manages it's scarce resources
Belonwu
what is macroeconomic
John Reply
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
etc
husaini
difference between firm and industry
husaini Reply
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?
Toofiq Reply
explain standard reason why economic is a science
innocent Reply
factors influencing supply
Petrus Reply
what is economic.
Milan Reply
scares means__________________ends resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Zarshad Reply
Why qualify 28 supplies
Milan
what are explicit costs
Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
David Reply
economic overview notes
Amahle Reply
identify a demand and a supply curve
Salome Reply
i don't know
Parul
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
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Source:  OpenStax, U.s. history. OpenStax CNX. Jan 12, 2015 Download for free at http://legacy.cnx.org/content/col11740/1.3
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