The Option to Purchase. An option to purchase grants the tenant an option (right) to buy the rental property within a specified period of time in exchange for a fee (option fee), that is usually paid up front, and/or in the form of a higher-than-market rent (some of which is applied to the house purchase).
Most of the cotton grown around the world before 1793, when Eli Whitney's simple yet effective cotton gin became widely available, was long-staple cotton (Gossypium barbadense), which grows best along tropical or subtropical coastlines.ost of the cotton grown around the world before 1793, when Eli Whitney's simple yet effective cotton gin became widely available, was long-staple cotton (Gossypium barbadense), which grows best along tropical or subtropical coastlines.
These are jobs that white people would not do-slaves kept the economy going. They made little or no money while the plantation owners became wealthy. The cotton gin was also significant to slavery and the economy: The invention of the cotton gin in 1793 gave slavery a new life in the United States. Between 1800 and 1860, slave-produced cotton expanded from South Carolina and Georgia to newly colonized lands west of the Mississippi.