The United States South's near monopoly in the mid-nineteenth century was in supplying which good to Great Britain?

1. A historical case opens the discussion of monopoly power. 2. In the mid-nineteenth century, the United States, specifically the Southern states, had a near monopoly. 3. That monopoly was in the cotton that they supplied to Great Britain. 4. Control of a commodity another country depended on translated into political power. 5. That is why the example is titled political power from a cotton monopoly. _Source: OpenStax Principles of Microeconomics for AP(R) Courses 2e (CC BY 4.0), Ch 9 'Monopoly', sections 9.1-9.2_