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Gave it a major boost, since Northern factories were able to manufacture all kinds of war supplies, and the farms could sell all the food they grew.
Very prosperous because of the huge growth of the war industries and the demand for food from the farms.
The Northern blockade meant the South could not sell its cotton.
Their Economy Flourished.
Prior to the US Civil War, the Southern economy was primarily based on its cotton crop. This was a major plus for the entire US economy in 1860 for example. Cotton was shipped to Europe and also to Northern textile mills.
it wasn't as badly affected as the south.
Gave it a major boost, since Northern factories were able to manufacture all kinds of war supplies, and the farms could sell all the food they grew.
deteriorated
During the US Civil War, the economy of the Northern states flourished as they supplied arms, ammunition and other supplies needed for fitting their soldiers. For the most part, no areas of the Northern economy were in danger from Southern military forces. Northern farmland crops continued to be exported to Europe as well. Mostly this was wheat.In a manner of speaking, the US economy in the civil war had the same advantages it had in WW 1 and WW 2.
The Northern states were most affected by the passage of the Civil War amendments. The Civil War amendments were the 13th, 14th, and 15th amendments.
...a huge industrial and agricultural boom, as demand for all war supplies gained pace.
Very prosperous because of the huge growth of the war industries and the demand for food from the farms.
the northern blockade severely affected the south's ability to export its cotton
The Northern blockade meant the South could not sell its cotton.
The Northern blockade meant the South could not sell its cotton.
Northern manufacturing industries prospered. The South's economy was nearly destroyed. Cotton prices dropped after the war. Cotton prices dropped after the war.
The steamboat was actually developed during the Civil war and it affected the nation's economy.