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would you invest your $5 million in the Union (North), Confederacy (South), or split it between both?
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28 votes
28 votes
would you invest your $5 million in the Union (North), Confederacy (South), or split it between both?

User PeteT
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1 Answer

17 votes
17 votes

Answer:

There was great wealth in the South, but it was primarily tied up in the slave economy. In 1860, the economic value of slaves in the United States exceeded the invested value of all of the nation's railroads, factories, and banks combined. On the eve of the Civil War, cotton prices were at an all-time high.

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User Tjboswell
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