Why did many southerners oppose Lincoln's election?

For the most part, states in the South reacted with anger to Lincoln's victory in the election of 1860. The major issue of the 1860 presidential election was slavery. For Southerners, expanding slavery was the critical issue. Slavery was so pressing that the Democratic party put forth two candidates.

Explanation:

the act of deciding on matters of the economy. economic decision making is routinely conducted by finance ministers, economic advisors, heads of major central banks and business leaders and can have profound effects on a major economy.