answersLogoWhite

0


Best Answer

In 1793, Eli Whitney came out with his invention, the cotton gin. This revolutionized the way the South was able to function as an agricultural region.

User Avatar

Wiki User

βˆ™ 11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How did Eli Whitney change the economy of the South in 1793?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is the penny worth the most right now?

1793


What benefits did the cotton gin have?

I have been researching lately, and I am sure it wasn't Eli Whitney. He applied for a 14 year patent and got it. He proposed that for someone to use it, they had to pay 2/5 of their profit in cotton. The farmers were angry at the tax, so they created their own version claiming it was a "new" invention. Eli tried to sue them but couldn't because of a loop-hole in the 1793 patent act. So, i think the farmers benefited the most. For more information go to http://www.archives.gov/education/lessons/cotton-gin-patent/ Hope this answers your question.


Does coins with e pluribus unum have more value?

No they don't because the national motto is on all most every US coin ever made from 1793 to 2011


What penny is worth half a million dollars?

None of them, but some come close. The most valuable U.S. cents were part of the first two series struck in 1793. As of 09/2009 Numismedia shows the following retail values for different varieties in the best possible condition. Of course it's quite possible that these prices will increase over the next few years and reach that magic million. > A variety of the 1793 "chain" design cent with the word AMERICA abbreviated as "AMERI." is quoted at $412,000 > A second variety of the chain cent with AMERICA fully spelled out: $562,000 > Later in 1793 the reverse design was changed to a wreath. One variety has a vine worked into the wreath and is quoted at $625,000.


What effect did the market revolution have on gap between the rich and poor?

One of the results of the market revolution included a significant increase in the gap between the rich and the poor. The market revolution in the U.S. describes a period of time from 1793 to 1909.