What Was True of the South and Slavery in Nineteenth-Century

question 78

Multiple Choice

What was true of the South and slavery in nineteenth-century America?

• A) England did not need cotton from the South.
• B) The South's total population consisted of 20 percent slaves.
• C) As it moved closer to 1860, the rate of natural increase for the slave population was decreasing.
• D) The amount of money invested in slavery was a small part of the economy.
• E) The Old South had developed into the largest and most powerful slave society the modern world has known.

---

Definitions:

Future Profits

Expected financial gains or earnings projected for future periods, considering current business operations and market conditions.

Current Profits

The earnings that a company or individual realizes during a specific period, primarily focusing on the present or most recent fiscal period.

Interest Rates

The cost of borrowing money or the compensation for the service and risk of lending money, typically expressed as a percentage.

Random Walk Theory

A theory in finance suggesting that stock market prices evolve according to a random walk and thus cannot be predicted.