Ruined it.
The blockade stopped them from exporting their cotton. Nearly all the battles were on Southern soil, causing endless damage. Later, Sheridan and Sherman went out of their way to wreck farms and railroads, aiming to destroy the Southern economy.
Eventually the Confederate dollar became a joke-currency.
Before the War it was great. During and afterwards it was terrible.
it caused inflation, prices rose 9,000 percent %
456
Negatively war generally does not help the economy
it increased wages
Military leadership
it increased wages
The South's plantation economy put it at a disadvantage because it had to rely on imports for numerous manufactured goods. The North, in contrast, had a thriving manufacturing base.
Ruined it. The blockade stopped them from exporting their cotton. Nearly all the battles were on Southern soil, causing endless damage. Later, Sheridan and Sherman went out of their way to wreck farms and railroads, aiming to destroy the Southern economy. Eventually the Confederate dollar became a joke-currency.
The Civil War greatly improved the economy of the North but harmed the economy of the South.
Because much of the souths economy depended on it.
it caused the economy to go down