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Cotton Production And Slavery

Cotton Production And Slavery

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According to the author, US cotton production overtook other parts of the world due to the American South's dedication to cotton production and plantation slavery. Before the Civil War, cotton production was extremely labor intensive and slavery negated the dependence on a competitive labor market and its associated transaction costs. This labor system enabled larger farms which allowed production to increase.According to the author, US cotton production overtook other parts of the world due to the American South's dedication to cotton production and plantation slavery. Before the Civil War, cotton production was extremely labor intensive and slavery negated the dependence on a competitive labor market and its associated transaction costs.

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