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How did the economy of the South during the Antebellum era compare to that of the North? The South's economy was dictated to them by the British, while the Northern economy was run by the Puritans. The South's economy was based on wage labor and trade, while the North's economy was based upon industrialism and all-slave labor. The South's economy was based upon agriculture and slave labor, while the North's economy was based upon industrialization and wage labor. The South's economy was dependent upon industries, while the North's economy was dependent upon agriculture.
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