During the Civil War, the economy of the North was marked by industrial strength and economic diversity, which provided a significant advantage over the agrarian South. The North had a greater capacity for manufacturing, producing weapons, textiles, and other essential goods, which supported the Union war effort. Additionally, the North's extensive railway network facilitated the efficient movement of troops and supplies. While the war strained resources and led to inflation, the overall industrial output and infrastructure of the North allowed it to sustain a prolonged conflict more effectively than the South.
True.
Because by definition, true free market has no government control or regulation and true planned economy has no place for interaction between the firms when government regulation defines the economy. In all economy (except for maybe North Korea), both government and the market holds stake in the economic activities of the economy hence nearly all economies are mixed
No, true market economy is purely theoretical, it never excised. US used mixed economy
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True
During the Civil War, the economy of the North was characterized by industrial strength and a more extensive railroad network, which facilitated the efficient movement of troops and supplies. The North's economy benefitted from a diversified industrial base, allowing for increased production of weapons, ammunition, and other war materials. Additionally, the North experienced fewer disruptions to agriculture compared to the South, enabling it to maintain a stable food supply. Overall, these factors contributed to the North's ability to sustain its war effort more effectively than the South.
During the Civil War the North had better manufacturing abilities. The superior industries was one reason the North finally won the war.
yes
True. One of the key military strategies of the North during the Civil War was the Anaconda Plan, which included a naval blockade of Southern ports. This blockade aimed to restrict the Confederacy's trade and supply lines, weakening their economy and ability to sustain the war effort. The blockade played a significant role in the Union's eventual victory.
None if you are a true believer in Jesus Christ.
true
Famine and poor economy & Socialist regime are true!
The economy of the United States (Union) during the Civil War was based on a free market system. The Government however held allot of influence in the economy in terms of awarding private companies contracts to fill Government needs. This was especially true in terms of military equipment contracts.
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Yes it is TRUE
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true