Economic developments after the Civil War (1861–1865) in the South i

Economic developments after the Civil War (1861–1865) in the South include all of the following except

(a) A decline in cotton prices with the result that poverty associated with cotton became a fixed feature of the South
(b) The relatively widespread land ownership among the freed slaves
(c) The widespread adoption of the sharecropping system
(d) The widespread debt peonage for the freed slaves

ANSWER

(b)