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"One of the Important Requisites for Economic Development Is a Free

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"One of the important requisites for economic development is a free labor force in order to make ?free transfers of labor possible.A production organization cannot be very flexible if it has to engage in the purchase or sale of slaves every time it changes its output." To what extent did the South's ?pre-1860 economic history confirm or refute the foregoing generaliza?tions?

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The South's pre-1860 economic history la...

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