answersLogoWhite

0


Best Answer

The South only had a small financial institutions, while most of the wealth and currency resided in the North. In addition, Southerners bore a lot of debt on their farms. They were not in a good position to finance a war effort.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What can you deduce about the south's financial position going into the civil war?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who was the Souths president duing civil war?

Jefferson Davis


What was the Souths Plan going into the Civil War?

the souths plan was for to wait till the north gave up or got tired like fort Sumter


Was Jefferson Davis a present in the civil war?

yes,he was president of the souths side


The souths main goal of the civil war was to?

to recognition that they are their own "country" that is the main purpose why the south started the civil war


Who was the souths greatest general during the Civil War?

was the key general of the south during the civil war


How did the civil war hurt the souths economy?

it caused inflation, prices rose 9,000 percent %


In the Civil War what was the result of the Souths desire for increased states rights?

What the h*!@is that suposed to mean!?


What was the Souths people like before the civil war?

Many before and after the war were white supremacists.


What was the souths economy like during the civil war?

Before the War it was great. During and afterwards it was terrible.


What was the souths condtions after the civil war?

=The war was fought in the south so the land was destroyed. And crops were taken.=


What was the Souths military goal during the civil war?

defeat the confederate forces and re-unite the union


What is the capitol for the north during civil war?

im studing civil war right now, and i believe it was still Washington dc. however the souths was RIchmond Virginia!