The Antebellum Era. The economy of the Antebellum era was separated according to North and South. The economy of the North was characterized by industrialization, while the South was characterized by the Cotton Kingdom. Slaves picking cotton in Georgia (Credit to Jupiterimages). During this time period, the Northern economy was becoming more and more industrialized starting at the turn of the century.
Costa Rica: Banks & Money. Costa Rica: Banks & Money. The official currency is the colon, but American dollars are usually accepted as well. You are generally better off paying in colones, and it's great to have small change on hand. The only reason why you should pay in dollars is if the price is in dollars.
What money do they use in Panama? The official currency of Panama is the Balboa, named after Spanish explorer Vasco Nez de Balboa, who discovered the Pacific Ocean in 1513. One Balboa is divided into 100 cents. Since 1904 one Balboa equals one US Dollar and since then, the US Dollar has legally circulated in Panama. In other words, in practice, the currency used day-to-day in Panama is the US dollar, which is also legal tender.