Effect of Civil War on American Economy

In 1861, a prominent war in American taradiddle began. It was a civil war between the north and to the south that was by no means civil. This war would have great repercussions upon the sparing of this country and the states within it. The American Civil war began with secession, creating a divided union of sorts, and sparked an incredibly cataclysmic quadruple years.

Although the actual war began with secession, this was not the only driving force. The economy of the Southern states, the Confederacy, greatly if not entirely depended on the insertion of slavery. The Confederacy was heavily reliant on agriculture, and they use the boodle made from the sale of such raw materials to purchase blameless goods to use and enjoy. Their major export was cotton, which thrived on the warm river deltas and could substanti anyy be shipped to major ocean ports from towns on the Mississippi and many river cities. Slavery was a key part of this, as slaves were the ones who harvested and position the cotton. Being such an enormous unpaid work force, the profit made were extraordinarily high and the price for the unfinished goods drastically low in comparison; especially since he excogitation of the cotton gin in 1793 which made the work all that much easier and quicker.

In contrast, the economical structure of the Northern states, the Union, was vastly aquiline on industry. Slavery did not exist in approximately of the Union, as there was no demand for it due to the event of industrial development taking place. As the Union had a paid work force, the profits made were lower and the exist of the finished manufactured item higher. In turn, the Union used the profits and purchased raw materials to use. This cycle is referred to as interdependency.

By 1860, ninety-five...

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