Question

Which of the following is a true statement about the US economy before the Civil War?

The North had a farm-based economy, while the South had a trade-based economy.
The South had a farm-based economy, while the North had a trade-based economy.
Both the North and the South had farm-based and trade-based economies.
Neither the North nor the South had farm-based or trade-based economies.

Answer 1

Answer: Both the North and the South had farm-based and trade-based economies.

Explanation: Though the South is known more for their farming and plantations and the North is more known for their manufacturing, both farming, trade, and manufacturing was prominent in both places.