How did the economies of the north and south differ

In the North, the economy was based on industry. They built factories and manufactured products to sell to other countries and to the southern states. They did not do a lot of farming because the soil was rocky and the colder climate made for a shorter growing season. ... In the South, the economy was based on agriculture.

one of the negative side effects were the economic losses the events of september 11th caused. many, many people lost their jobs as a result of a downturn in the economy after the terrorist attacks.