Traditional Culture Encyclopedia - Traditional stories - What were the two economic systems during the American Civil War

What were the two economic systems during the American Civil War

North: capitalist system, South: plantation black slavery.

After the independence of the United States, the South and the North developed along two different paths. In the North, the capitalist economy developed rapidly, starting in the 1820s with the Industrial Revolution in the northern and central states, and completing in the 1950s.In 1860, the North ranked fourth in the world in industrial production, with a total value of $1.88 billion. In the South, on the other hand, plantation black slavery was practiced, and in 1860 there were already 4 million black slaves in the South. Southern slavery was a tumor growing in American society, which seriously stifled the development of industry and commerce in the North, the North and South conflicts and struggles have become increasingly intense since the 19th century. The struggle mainly centered on the western lands. The North demanded the development of capitalism in the West and restricted or even prohibited the expansion of slavery; the South, on the other hand, sought to expand slavery in the West and even throughout the country. By the 1850s the conflict had become a localized armed conflict. In the face of the slavers' advancement, the people of the North launched the powerful "Abolitionist Movement", while the black slaves in the South also continued to carry out riots. Driven by the people's struggle, the northern bourgeoisie began to advocate the abolition of slavery.