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Society of the South: Early Republic Practice Test

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Q1

Secondary-source excerpt (early republic South): “Planters measured wealth not only in acres but in people. Enslaved laborers were mortgaged, insured, and used as collateral, allowing owners to buy more land and more enslaved workers. This financialization deepened the region’s commitment to slavery, because emancipation threatened a web of debts and investments. The resulting economy rewarded a narrow elite and exposed enslaved families to sale when markets shifted.” Which Southern development is most directly described?

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