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All the following were true of the American economy under Cotton Kingdom except

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All the following were true of the American economy under Cotton Kingdom except

All the following were true of the American economy under Cotton Kingdom except

a. cotton accounted for half the value of all American exports after 1840.
b. the South produced more than half the entire world's supply of cotton.
c. 75 percent of the British supply of cotton came from the South.
d. quick profits from cotton drew planters to its economic enterprise.
e. the South reaped all the profits from the cotton trade.

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