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What was the Souths economic status during the civil war?

Updated: 8/19/2019
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12y ago

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It got steadily worse, as the Union's naval blockade took effect.

This meant that the South could not export its plentiful cotton in exchange for the war supplies it needed.

And the South had almost no industry - the legacy of years of 'King Cotton', with the big famers discouraging their sons from soiling their hands in industry or commerce.

In the last year, Grant ordered Sheridan to devastate the rich farmlands of the Shenandoah Valley, and Sherman wrecked the railroads of Georgia, bringing ruin to the Confederate economy.

Finally, the Confederate dollar became almost worthless.

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