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The South needed money for weapons and supplies to mauntain the war effort.

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Q: What economic issues faced the South as the war dragged on?
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Wartime economic problems for the north and south?

Although the north had an economic advantage over the south due to the industries the north faced an economic problems because they did not have a home front advantage such as the south. Furthermore the south lacked two economic advantages. One was the central goverment which would not let them tax the states. And inflation occurred causing more problems including the unity of the states. -11th grader from APUSH


What Field of economic deals with the problem faced by low income countries?

Economic development


What is economic transition?

Economic transition means the process of transitioning of countries from different economic systems. There are basicly 3 main types of economic systems. They are free market, command planned, and mixed economy. (Different books and academics may have different terms for these. What is important is the understanding of the differences). For example, economic transition refers to one country evolving from one economic system to another. It can be said that Country A is moving from command planned to free market. What is interesting about Economic Transitions are the issues faced by the country. There can be many issues like corruption, poverty, social unrest and so on.


Describe the main tasks faced by an economic system.How these tasks can be solved?

Some of the main tasks faced by an economic system are: What goods to produce? What combination of inputs to use? How to use resources? Present time versus future Who will consume? How to maintain economic growth?


What are the central economic problems?

the central economic problems faced by the economy are what to produce,how to produce,for whom to produce,how to achieve the fuller utilisation of resources

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Wartime economic problems for the north and south?

Although the north had an economic advantage over the south due to the industries the north faced an economic problems because they did not have a home front advantage such as the south. Furthermore the south lacked two economic advantages. One was the central goverment which would not let them tax the states. And inflation occurred causing more problems including the unity of the states. -11th grader from APUSH


What was one reason the South faced server economic problems during the Civil War?

The Union naval blockade prevented them from exporting their plentiful cotton.


What were tow economic problems faced by the reconstruction governments in the south?

They had to both find a way to fix the South and to keep Peace w/ the South at the same time. They tried not to anger them so that they don't have to go to war again.


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What challenges did the south face after the civial war?

Some of the challenges the south faced after the Civil War were: loss of homes, loss of food, water pollution from decaying bodies, theft, adn an economic depression.


What Field of economic deals with the problem faced by low income countries?

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