Which of the following was NOT true of the South and its economy in the period from 1800 to 1860?
a) Slavery proved very profitable for most slave owners.
b) Southern banks existed mainly to finance plantations.
c) The South produced nearly two-fifths of the nation's manufactured goods, especially cotton textiles.
d) Slavery helped to discourage the immigration of white workers to the South, with notable exceptions such as New Orleans.
Answer: C