Some of the items mentioned below seem logical based on today's standards. There are no clear answers or answers with a 100% degree of accuracy on this question. Short term yes, long term, no possible way to be sure. With that said, some changes would be necessary for the South to decide.
If the South had become independent, their economy would have to begin building a manufacturing base. As a nation, growing and selling cotton and tobacco would lend itself to weakness. Soon enough, slavery would have become a burden. Having to care for and feed almost four million slaves would put the Southern economy at risk within 10 to 15 years in the future. No one has an answer as to what a major minority population would do in terms of Economics, but, certainly the civil rights of Freedmen would continue to be abused.In the North, the farm products grown by the South would have been more costly. The westward growth of the US however would have continued and no doubt its economy would expand.
Within a few generations, Southern states could easily ask to return to the US. And, Freedmen freely allowed to emigrate to the factories of the North.
All this is speculation. No one can know with any certainty, however even some White Southerners would have emigrated North and westward.
In addition, the idea to return to the US, once the slavery question was solved, meaning the South itself would be forced to change this cruel and inefficient means of production, the South would be at risk.
Great Britain may have tried to make the South a sphere of influence. No doubt that would create a movement to rejoin the US, as slavery would be a thing of the past.
The North would have won the war in a year or two.
The South had developed a more balanced economy after the civil war
Their Economy Flourished.
It did not
The Northern economy wasn't as badly hurt by the war as the economy of the South.
The economy of the South prior to the civil war was one of prosperity based on agriculture.
The Civil War greatly improved the economy of the North but harmed the economy of the South.
The South Lost the war, and the economy of the South was built on Slavery which came to an end as a result of the war.
i think the war between North Korea and SOUTH Korea is only Korean War. it happend in 1950, it end in 1953
it spilt in 2 north Korea and south Korea
It was a mess. The south's economy was suffering greatly. It was hard on the South that the war was in their territory and that the North was doing everything it could and using its strong economy and strong followers to win the war.
You would be pooping out of your mouth.
The war less damaging to the economy of the North than to that of the South because most of the war and battles occurred in the South resulting in loss of farms, crops, and any industry near any battle site.
California was not considered part of the South. In the South Cotton controled the economy. In California gold was the chief economic element.
If economy fails the worst suffer would be citizens, there would be war situation within that economy.
The economy of the South was devastated during the Civil War and for many years thereafter. The North was so rich after the war, that they were able to build the first transcontinental railroad in the country, from Iowa to California. The economy of the South was built on Slavery, which came to an end in the war. The South was badly beaten by the war. Many lands were destroyed, many buildings were demolished.Many men were killed and wounded.
The Norths economy during the civil war and in general during this time period was industry and trade, the Souths was agriculture The Northern economy wasn't as badly hurt by the war as the economy of the South. (APEX)
It changed because of the war
The State of the South after the Civil War wasn't its best. It's economy greatly suffered and needed reconstruction.
All they needed was happiness to settle the war. There was no disadvantage.
It has changed from a farming to an industrial economy.
The economy? huh. If a war between the U.S. and Russia were to happen then there would be no economy left. Almost all of the Human population will be destroyed by the resulting nuclear war. Every economy will be wiped out.