Cotton Economy Vs Southern Economy

1. The phrase Cotton king is meant how the good of cotton dominated not only the Southern economy but also the entire country economy. Due of the fact that Southern leaders were aware that the northern states were dependent to the raw good of cotton in order to manufacture clothing. If war ever break out between the North and South the northern factories would inevitably close and possibly starve and form mobs.

2. The dominance of cotton in the Southern lands led to a dangerous dependence on a one-crop economy, whose price level was at the mercy of world conditions. In other words, the economic structure in the South became monopolistic causing a financial instability of the plantation system. Although, socially cotton repelled large-scale