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The Cotton Sector Grew and Contributed Greatly to the Overall

question 33

Essay

The cotton sector grew and contributed greatly to the overall performance of the Southern economy.However,the distribution of wealth increasingly favored a small minority of large plantation owners.Explain how this change in the distribution of wealth helped fuel resistance against slavery.


Definitions:

Other Income

Refers to revenue generated from activities that are not part of a company's core business operations.

Income Statement

A financial document that shows a company's revenues, expenses, and net income over a specific period.

Account Receivable

Debts owed by clients to a company for products or services provided on a credit basis.

Cash

Coins, currency (paper money), checks, money orders, and money on deposit that is available for unrestricted withdrawal from banks and other financial institutions.

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