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Why did the price of cotton drop after 1865?

Updated: 10/5/2023

Wiki User

∙ 8y ago

Best Answer

The price of cotton was kept so high in the years before 1860 because it was a very desired items. Owners knew this, so they would price it very high, and the people who really wanted it, would pay.

Wiki User

∙ 11y ago

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Related questions

What did the use of cotton gin do to the price of cotton?

It decreased the price of cotton

When was Bishop Cotton Boys' School created?

Bishop Cotton Boys' School was created in 1865.

In 1865 what was the price for an ounce of gold?

The average price per troy ounce of gold in 1865 was $18.93

What was the main crop grown in the south from 1820 to 1865?

cotton

When was Arthur Price born?

Arthur Price was born in 1865.

When was Price Drop created?

Price Drop was created in 2003.

What is the current price for cotton in 2009?

The average price for cotton is around two hundred dollars :)

What was the price of soap in 1865?

you should learn it

Throughout the 1800 how did the price of cotton change?

Because of the invention of the cotton gin the planters were able to grow more cotton and this brought the price down. The biggest buyer of cotton was England for the textile mills.

When was Charles Price Jones born?

Charles Price Jones was born in 1865.

How did the price of cotton change in 1800s?

The price decreased.

How did the price of cotton change overtime?

It decreased during the cotton gin :)

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