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OpenStudy (anonymous):
why did the priceof cotton drop after 1865
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OpenStudy (juicstice):
the invention of the cotton gin
OpenStudy (wwhitlock):
The civil war was over. Cotton was being farmed again in the American South. Egypt benefitted from the global price spike in the early 1860s. But more cotton on the market, closer to English mills brought the price down.
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