They looked favourable at the beginning, because they thought they could export their cotton in exchange for war supplies.
But the Union navy was able to blockade the Southern ports. Lincoln's Emancipation Proclamation deterred free nations abroad from trading with the Confederates for fear of looking pro-slavery). Southern manufacturing industry had to be improvised from scratch. And the Confederate dollar plummeted in the second half.
Finally, Sherman's punitive raids reduced troops and civilians to utter poverty.
The statement that correctly explains economic conditions in the South during the Civil War was that they were very poor and relied heavily on agriculture. This greatly contrasted the North which was more industry oriented.
The south was not allowed to import or export any goods during this blockade which lasted most of the Civil War.
southern banks struggled to support industrial development
The West had an economy of capitalism. Which was held together by poor people who worked in Nuclear power plants. And the South had an endustrail economy. Which was held together by the rich factory workers.
During the Civil War, the men were busy fighting. The South sold their cotton to England and the Union was blockading the coast to prevent that. Also General Sherman burned everything in his path to prevent the South from having food or supplies to fight. The South was devastated by the war.
The statement that correctly explains economic conditions in the South during the Civil War was that they were very poor and relied heavily on agriculture. This greatly contrasted the North which was more industry oriented.
The statement that correctly explains economic conditions in the South during the Civil War was that they were very poor and relied heavily on agriculture. This greatly contrasted the North which was more industry oriented.
bad.
Was it the carpetbaggers.
Most advantages, economic and otherwise, favored the North
They were called Carpetbaggers.
Increasing shortages of food, fuel, etc.
Economic conditions in the South were doing fine. Same can be said for the Northern States before the war. Also, the industrialization of the North was continuing at a rapid pace. Not so much of that in the South.
California was not considered part of the South. In the South Cotton controled the economy. In California gold was the chief economic element.
D. Hobart Houghton has written: 'Economic development in a plural society' -- subject(s): Economic conditions 'Source material on the South African economy: 1860-1970' -- subject(s): Economic conditions, Sources 'The South African economy' -- subject(s): Economic conditions 'Source material on the South African economy' -- subject(s): Economic conditions, Sources, South Africa
How did white landowners in the south reassert their economic power in the decade following the civil war?
The plentiful farmland and a greater need for labor Type your answer here...What were the natural resources and economic conditions that encourage southern planters to develop a slave economy in the south before the American civil war?</zzz> </zzz>