In this analysis of the post-Civil War southern economy, the author examines why the region failed to progress economically for so long. He explains that the South continued to be a low-wage regional market embedded in a hig...

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In this analysis of the post-Civil War southern economy, the author examines why the region failed to progress economically for so long. He explains that the South continued to be a low-wage regional market embedded in a high-wage national economy.

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