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How much of the Marshall Plan debt was repaid and by which countries?
The Marshall Plan involved providing grants to Europe, that were not loans. The funds were paid directly to the European nations under the plan, and for the most part, the money was spent in the United States, creating both jobs as well as export economic gain for the country.
Most important southern crop in the 1840s and 1850s?
The economy of the south depended on cotton, which was the largest export of the United States. Tobacco was the #2 crop in most of the south.
What was Hawaii's primary export to the Unites States in World War 1?
Pearl harbor
What was one reason that the union strategy for defeating the south included a naval blockade of southern ports?
The South had a less-developed manufacturing and industrial base than the North, so it needed a source of goods such as metals, cloth, and armaments once it could no longer obtain these from Northern factories. The South was hoping to export cotton in exchange for war supplies from other countries, or from other states. By reducing its ability to export cotton and import war materials, the North eventually crippled the Southern war effort.
What were the conditions of the South following the American Civil War?
The South's economy was ruined after the North placed blockades on the ports and river-ways in 1861. They could not export their cotton, tobacco and sugar, nor could they import finished goods such as weapons and machinery. By the end of the war, the South's economy was nonexistent.
