Factories were being built in the South, which were financed in the North. They made less valuable products but the Noth gained more money by doing this because they hired newly freed slaves, who took less pay.
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Major economic problems began to take hold in the 1870s.
major money usage and our economy is horrible
The internet was a major technological development in the 1990s
The internet was a major technological development in the 1990s
Two types of national issues and attitudes led to the end of Reconstruction in 1877: political and racial. By 1877, the nation and especially the North had issues unrelated to Reconstruction on its mind. The scandals of the Grant administration, including the "Whiskey Ring" caused good government to be a major issue for many. The Panic of 1873 was still causing economic disruption in 1877, and this economic crash took the focus off Reconstruction. Racial issues and attitudes also helped bring an end to Reconstruction. Many Northern whites were not committed to black equality or rights. By 1877 they were simply tired of taking self-government from Southern whites for the benefit of African Americans.