Dec

22

 I wonder if there is anything economic to be learned from this chart from Mark Perry's blog. The per-capita growth from 1810 to 1850 was more than 120% in 40 years. According to the wiki, by 1860, manufacturing (primarily limited to the Northeast) accounted for 30% of the nation's income, with cotton cloth production the leading industry. This indicates that some strong contrast/conflicts between the industrial northeast and the farming south existed.

Is it reasonable to believe that these economic conflicts were among the underlying causes for the eventual war?

Obviously the economic conflicts were the result of a fast and an uneven development. Perhaps it serves as a very valuable indicator for today.


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