what were the economic consequences of the civil war?
479906
After the war, the village, cities and towns in the south were utterly destroyed. Further, the Confederate bonds and currencies became worthless. All the banks in the south collapsed, and there was an economic depression in the south with deepened inequalities between the north and south.
512265
Cotton Gin's Impact on Slavery And The American Economy Still, the cotton gin had transformed the American economy. ... Although the cotton gin made cotton processing less labor-intensive, it helped planters earn greater profits, prompting them to grow larger crops, which in turn required more people.
1132566
['Sectionalism. ... ', 'Economic differences between North and South. ... ', 'plantation. ... ', 'Social Differeences between the North and the South. ... ', 'Where power Lies. ... ', 'Northern view of slavery. ... ', 'Southern view of slavery. ... ', 'Balance of power between the states.']
27375
Without big farms to run, the people in the North did not rely on slave labor very much. In the South, the economy was based on agriculture. The soil was fertile and good for farming. They grew crops like cotton, rice, and tobacco on small farms and large plantations.
1308860
Without big farms to run, the people in the North did not rely on slave labor very much. In the South, the economy was based on agriculture. The soil was fertile and good for farming. ... The South, however, wanted the new states to be “slave states.” Cotton, rice, and tobacco were very hard on the southern soil.
1366199
In the case of the American civil war, Southern secession was the opportunity seized upon by the North. ... In conclusion, the civil war was an inevitable occurrence; too many factors leading up to the civil war had the effect of exacerbating the fundamental differences between the North and the South.
487880
Economic Effects of the Second World War : Vast parts of Europe and Asia were destroyed. US emerged as the dominant economic and political power. (ii) Emergence of Soviet Union as a super power is another important effect. Being the leader of the communist bloc it posed great threat to capitalist economy.
1126119
Political Impacts. The Louisiana Purchase has caused multiple political effects that have greatly altered the United States development course. For starters, the Louisiana Purchase avoided war with France, a major superpower at the time. Jefferson realized the importance of the port of New Orleans.
1426537
Tensions arose between people who supported the Confederacy and those who remained loyal to the Union. Also, a U.S. blockade reduced the sale of farm products, and the economy in Texas suffered. These problems, along with a shortage of basic supplies, made life difficult at home.
1102193
The positive effect was a 'new birth of freedom'. ... Positive effect, end of slave states. Negative effect, thousands of young men killed or maimed, railroads in the southern states were destroyed. There was a drastic drop in economic growth in the country for a decade or so, compared to the 10 years before the Civil War.
28179
A common explanation is that the Civil War was fought over the moral issue of slavery. In fact, it was the economics of slavery and political control of that system that was central to the conflict. A key issue was states' rights.
1378460
The economic effects of the non-cooperation movement were very significant. Foreign goods were boycotted, liquor shops were picketed and bonfires were lit of foreign cloth.
456555
Short-term and Long-term impacts of WW1. The war had serious economic consequences. Of the 60 million European soldiers who were mobilized from 1914 to 1918, 8 million were killed, 7 million were permanently disabled, and 15 million were seriously injured. ... The federal government grew exceedingly as a result of the war.
1248087
World War I had many long-term effects on the expansion and development of the United States and its relationship with other countries in the world. The federal government grew exceedingly as a result of the war. Government spending increased at a rate never before seen in the US.
180975
['Congress could not establish a common currency.', 'Could not regulate commerce or levy taxes.', 'Reied on contributions from the states which were unreliable.', 'Could not fund war debts.', 'Could not pay for their imported goods.', 'Debt increased.', 'Shays rebellion ( farmers)']
660854
During the Civil War, the country was divided between the North (Union States) and the South (Confederate States). ... Without slaves, the South believed that their region's economy would be destroyed. The North, however, consisted mostly of large urban cities and did not have a great need for slave labor.
732752
Despite the North's greater population, however, the South had an army almost equal in size during the first year of the war. The North had an enormous industrial advantage as well. At the beginning of the war, the Confederacy had only one-ninth the industrial capacity of the Union. But that statistic was misleading.