EFFECTS OF SUPPLY AND DEMAND ON THE CIVIL WAR
Supply and demand drives trading. If the demand is high, business and/or industry will produce more. If the demand is high for cotton or tobacco, the agricultural industry will grow more of these products. This made the plantation system thrive and led to a higher demand for slave labor.
Supply and demand drives trading. If the demand is high, business and/or industry will produce more. If the demand is high for cotton or tobacco, the agricultural industry will grow more of these products. This made the plantation system thrive and led to a higher demand for slave labor.