Why Did the Slave-Labor System Probably Cause a Lag in Southern Urban

question 28

Multiple Choice

Why did the slave-labor system probably cause a lag in Southern urban and industrial development?

• A) The slave system provided a weak market for goods because of the low income and consumption levels of slaves.
• B) Side-effects of urbanization and industrialization, such as slave flight and greater freedom, were threatening to Southern owners.
• C) The South's slave society culture was resistant to manufacturing and urbanization.
• D) All of the above apply.

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The original financial value of an asset, including purchase price and any expenses incurred to get the asset ready for use.

Expired

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A journal entry made at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.

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