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The economic history of the American Civil War concerns the financing of the Union and Confederate war efforts from 1861 to 1865, and the economic impact of the war. The Union economy grew and prospered during the war while fielding a very large Union Army and Union Navy . [ 1 ]
The main prewar agricultural products of the Confederate States were cotton, tobacco, and sugarcane, with hogs, cattle, grain and vegetable plots. Pre-war agricultural production estimated for the Southern states is as follows (Union states in parentheses for comparison): 1.7 million horses (3.4 million), 800,000 mules (100,000), 2.7 million dairy cows (5 million), 5 million sheep (14 million ...
The American Civil War (April 12, 1861 – May 26, 1865; ... Economic impact. The Southern economy nearly collapsed during the war due to multiple factors, ...
5.4 Civil War economy. 5.4.1 Union. 5.4.1.1 Financing the war. ... [44]: 146 The Erie Canal was a great commercial success and had a large regional economic impact.
The Civil War had a devastating economic and material impact on the South, where most combat occurred. The enormous cost of the Confederate war effort took a high toll on the region's economic infrastructure. The direct costs in human capital, government expenditures, and physical destruction totaled $3.3 billion.
Sherman's March to the Sea (also known as the Savannah campaign or simply Sherman's March) was a military campaign of the American Civil War conducted through Georgia from November 15 until December 21, 1864, by William Tecumseh Sherman, major general of the Union Army.
The American Civil War (1861–1865) was partly triggered by the tariff question. Southern agricultural states opposed any form of protection, while northern industrial states wanted to maintain protection. The fledgling Republican Party led by Abraham Lincoln, who called himself a "Henry Clay tariff Whig", strongly opposed free trade. Early in ...
The American Civil War (1861–1865) was fought over the issue of slavery as well as tariff disputes. ... made tariffs much less important in terms of economic impact ...