What effect did the war have on the economies of the North and the South?

Answer 1

The Civil War had an effect on the economy in the North. Since most of the raw materials in the country were made in the South, the North lost a lot of business. They were not as negatively impacted as the South, however.

Answer 2

A) The economy and production in the North improved.B) The economy in the North was devastated, although production improved.C) Production stopped and the economy suffered a depression.D) The economy was not affected.

Answer 3

It stimulated the Northern economy, because the farms and factories were required to produce all kinds of war-supplies, and skilled immigrants were still arriving from Europe.

It strangled the Southern economy, because the Naval blockade prevented them from exporting their cotton in exchange for imports, and the Confederate dollar was not based on assets but only on the promise of Southern independence.

Answer 4

The Civil War caused tremendous political, economic, technological, and social change in the United States

Answer 5

Congress allowed African-Americans to serve in the Union Army.

Answer 6

It greatly stimulated it.

Northern farms and factories were working flat-out to provide the war supplies that were needed.

Answer 7

well we spent millions of dollars killing each other then had to clean up the mess afterwards you tell me.

Answer 8

There was great wealth in the South, but it was primarily tied up in the slave economy. In 1860, the economic value of slaves in the United States exceeded the invested value of all of the nation's railroads, factories, and banks combined. On the eve of the Civil War, cotton prices were at an all-time high.