Cotton is king.
The South was wrong. Skillful diplomacy by the North, coupled with English abolitionist allegiances and Confederate military failure at crucial stages of the war, kept Britain from intervening. Rather than enter the war on the side of the slave states, Britain developed alternate sources of cotton cultivation elsewhere in the empire.
To the detriment of the entire region, the South continued after the war to be a one-crop economy until the 20th century, when the New Deal and World War II encouraged diversification and industrialization. You are using an outdated browser.
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King Cotton and the Economy of the Old South
Learn More in these related Britannica articles:. And, finally, New England? The same goes for looms.
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