The Profitability of a Southern Slave Economy

Paper Summary:

This paper focuses on the different economic levels which were clear between the North and the South in the years before the Civil War. The writer examines the financial advantages which came with the use of slaves but how this hamper industrialization and economic growth which was rampant in the North.

From the Paper:

"As Americans we want to believe that our country was conceived in liberty, however, reality is that from almost the beginning America was greatly dependent on forced labor. By the early eighteenth century slavery was legal throughout America and was the primary source of labor in the South. Many of our nation's founding fathers were slaveholders. Thomas Jefferson, who wrote the Declaration of Independence, and Patrick Henry, who is famous for saying, "Give me liberty or give me death!" were slave owners. Slavery was such a vital force eight of our first twelve presidents even owned slaves. "

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