Which of the following was not a reason why many Southem cotton planters found themselves in debt in the early and mid-19th century? O a. they built fancy homes to show off their supposed wealth and power Ob. they purchased enslaved people on credit Oc. they invested heavily in building strong, modem housing to protect their enslaved people from the elements Od they took on mortgages to purchase additional pieces of land

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter12: Firms In Perfectly Competitive Markets
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Which of the following was not a reason why many Southem cotton planters found themselves in debt in the early and mid-19th century?
a. they built fancy homes to show off their supposed wealth and power
O b. they purchased enslaved people on credit
Oc. they invested heavily in building strong, modem housing to protect their enslaved people from the elements
Od. they took on mortgages to purchase additional pieces of land
Which of the following was not a reason why many Southern cotton planters found themselves in debt in the early and mid-19th century?
a. they built fancy homes to show off their supposed wealth and power
b. they purchased enslaved people on credit
c. they invested heavily in building strong, modern housing to protect their enslaved people from the elements
Od. they took on mortgages to purchase additional pieces of land
Transcribed Image Text:Which of the following was not a reason why many Southem cotton planters found themselves in debt in the early and mid-19th century? a. they built fancy homes to show off their supposed wealth and power O b. they purchased enslaved people on credit Oc. they invested heavily in building strong, modem housing to protect their enslaved people from the elements Od. they took on mortgages to purchase additional pieces of land Which of the following was not a reason why many Southern cotton planters found themselves in debt in the early and mid-19th century? a. they built fancy homes to show off their supposed wealth and power b. they purchased enslaved people on credit c. they invested heavily in building strong, modern housing to protect their enslaved people from the elements Od. they took on mortgages to purchase additional pieces of land
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