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The south's economy was based somewhat on cotton as well. But their request for help with cotton and the war from Britain was declined.
The Southern economy collapsed. Its money was worthless. The blockade closed off trade. Sherman's March destroyed what little industry there was, and the transportation system to get food, clothing, and ammunition to the army. His army ate or destroyed the crops that the mothers, wives, and sisters of the soldiers had planted. By the end, a Barter Economy was all that was left, for what little was left to trade.
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SteveThe south's economy during the civil war was the economy
The Southern economy collapsed. Its money was worthless. The blockade closed off trade. Sherman's March destroyed what little industry there was, and the transportation system to get food, clothing, and ammunition to the army. His army ate or destroyed the crops that the mothers, wives, and sisters of the soldiers had planted. By the end, a Barter Economy was all that was left, for what little was left to trade.
At the beginning of the US Civil War, the South was a wealthy part of the US due to its agriculture. As the war progressed the South improved themselves by trying to manufacture products for the war. As the tide of the war turned against the South, its croplands and small industries were destroyed by Union armies. The net result was the destruction of the South's economy. It took another 50 years to regain the wealth the South had in 1860.
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How were the economies of he north and south different before the civil war?
In the period lading up to the US Cvil War, the North had an emerging industrial economy. The South remained a plantation based agricultural economy with much less industrial capability than the North.
What was the southern economy based on AFTER the Civil War?
Blockade-running and a certain amount of highly illegal cross-border trading with the North. Otherwise, it was an improvised economy, based on some hasty building of factories, and all dependent on the dwindling Confederate dollar.
The greatest weakness of the south during the civil war was its?
The North's greatest strength or resource during the Civil War was its industry.
What were the differences between the North's and South's economy before the Civil War that made Civil War inevitable?
The economy of the South was based primarily on cotton monoculture supported by slave labor. Their cotton was sold to Europe for hard currency (and some to northern factories as well.) Southern farmers, especially plantation owners growing cotton, were in favor of slavery AND low tariffs on imported goods. The North's economy was far more diverse, having a mix of factories, agriculture primarily based on grains, shipbuilding, and transportation. Their manufacturing interests were protected from foreign competition by high tariffs on imported goods. This made the North against slavery, which they felt gave the South an advantage in agriculture costs, AND high tariffs, which protected the factories of North from cheap, and frankly better made products from Europe. This disparity made conflict inevitable and prompted crises in 1820, 1830, 1850 and finally secession in December of 1860.
Who were north's trade partners before civil war?
i can tell you what they grow i also have to know this for a project in my class. i only found that they manufactured cotton cloth, shoes, and woolen clothing. hope someone else finds more cross fingers and good luck
