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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 ]
Ohanian, Lee E. (March 1997). "The Macroeconomic Effects of War Finance in the United States: World War II and the Korean War". The American Economic Review. 37 (1): 23– 40. JSTOR 2950852. Rockoff, Hugh (2012-03-29). America's Economic Way of War: War and the US Economy from the Spanish–American War to the Persian Gulf War. pp. 242– 59.
The abbreviated trade war holds several important lessons for how future conflicts might unfold ahead of a key Saturday deadline for tariffs on Canada, Mexico, and China. Read more: What are ...
While the North doubled its money supply during the war, the money supply in the South increased twenty times over. [5] The extensive reliance on the money-printing press to finance the war contributed significantly to the high inflation the South experienced over the course of the war, although fiscal matters and negative war news also played ...
“The scale of a potential trade war and subsequent retaliation is considerably larger than we have seen before,” Steinbach said. The extent of the economic damage for California's agriculture ...
According to Shank, "negative unintended consequences occur either concurrently with the war or develop as residual effects afterwards thereby impeding the economy over the longer term". [17] In 2012 the economic impact of war and violence was estimated to be eleven percent of gross world product (GWP) or 9.46 trillion dollars. [18]
Just a day ago, Donald Trump was threatening a multi-front trade war with Canada, Mexico and China that would take the global economy into uncharted territory. Twenty-four hours later, we're in a ...
Over Here: The First World War and American Society (Oxford University Press, 2004) Koistinen, Paul A.C. "The 'Industrial-Military Complex' in Historical Perspective: World War I," Business History Review (1967): 378–403. in JSTOR; Koistinen, Paul A. C. Mobilizing for Modern War: The Political Economy of American Warfare, 1865–1919 (1997 ...