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Their Economy Flourished.
The South's economy was devastated after the US Civil War. As a summary statement, for a forty year period after the Civil War, the economy of the South was stagnated, and two thirds of its wealth was destroyed.
The American Civil War, widely known in the United States as simply the Civil War and established a naval blockade that crippled the southern economy.
The south was not allowed to import or export any goods during this blockade which lasted most of the Civil War.
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.
Their Economy Flourished.
The South's economy was devastated after the US Civil War. As a summary statement, for a forty year period after the Civil War, the economy of the South was stagnated, and two thirds of its wealth was destroyed.
The impact that the Civil War had on the North and the South was: North: * North abolished slavery after the war because of the Emancipation Proclamation South * South grew poor * South experienced inflation
bad.
The Civil War greatly improved the economy of the North but harmed the economy of the South.
The Civil War created a stronger and more stable economy in postwar America. There were organizations and programs put in place such as the IRS that helped to balance out the economy. People also gained a better understanding of how to save for the future.
impact on the south and north were many like the amenment .
Mz.Jazzy
an agriculture economy overly dependent on cotton and slave labor.
it wasn't as badly affected as the south.
In the south
The American Civil War, widely known in the United States as simply the Civil War and established a naval blockade that crippled the southern economy.