Economic Consequences Of The Civil War Essay

Economic Consequences Of The Civil War Essay-30
The Union government spent about 30 lack dollars daily and the total expenditure accrued on this war was about 10 crore dollars.

The Union government spent about 30 lack dollars daily and the total expenditure accrued on this war was about 10 crore dollars.

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Besides, the arms and ammunition factories, the industries like cotton manufacturing etc. The industrial revolution helped in the rise of towns, transportation and rail industry.

At this time a neo-economic age was ushered in, in America.

The booming manufacturing industry and exports overseas meant that cities were able to grow in northern states and city life becoming the norm of northern society.

In contrast, The South was a much better region for growing, with a lot of fertile soil, especially along the mineral-rich river basins.

Instead, manufacturing was the booming industry in this region and goods were made with machines instead of being grown.

Crops and raw materials were taken and turned into something more valuable and so The North didn’t need to rely as much on slave labour, instead immigrants were recruited to work in factories.

From December 1860, South Carolina succeeded from The Union and so this began the conflict between The North and The South. The war was a result of conflicting ideological, cultural and economic ideas between both regions.

Arguably the general consensus is that slavery was the primary cause of the civil war.

Loss of Lives and Property This Civil War was the biggest war ever fought in America.

About six lack people were killed in the war from both the sides and the number of the disabled was also very large.

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