Suppose the Constitutional Convention of 1787 Had Abolished Slavery

question 11

Essay

Suppose the Constitutional Convention of 1787 had abolished slavery.How would this have affected the economy of the American South?

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Definitions:

Cash Balance

The amount of cash or cash equivalents held by a company at a particular point in time.

Selling and Administrative Expense

Costs related to the selling of products and the administration of a business, not including production costs.

Variable Expense

Expenses that change in proportion to the activity of a business.

Fixed Expense

Costs that do not vary with the level of production or sales, such as rent or salaries.