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How were the economies of the north and the south affected by the war?
There was great wealth in the South, but it was primarily tied up in the slave economy. In 1860, the economic value of slaves in the United States exceeded the invested value of all of the nation's railroads, factories, and banks combined. On the eve of the Civil War, cotton prices were at an all-time high.
Describe the economic systems of the north and south with regard to both agriculture and manufacturing?
While factories were built all over the North and South, the vast majority of industrial manufacturing was taking place in the North. The South had almost 25% of the country's free population, but only 10% of the country's capital in 1860. The North had five times the number of factories as the South.
How much did the Northern economy grow between 1860 and 1870?
With most of the US Civil War battles taking place in the South, Northern industry boomed during the war. Government contracts to businesses for war supplies helped this growth. After the war, as the North expanded westward, the South remained stagnant. Between 1860 and 1870, wealth in North grew by 50%. By comparison, the economic trends in the South went in reverse. Southern wealth declined by 60%. It would take the South 60 years to reach the level of wealth it had in 1860.
What economic comparisons can be made between the North and South in the years of 1860 to 1870?
This ten year period was one of marked economic contrasts. As an example, in this ten year period the economic wealth of the South declined approximately 60% while in the same time period the North's wealth increased by 50%.
What did the US Civil War do to the economy of the South?
The Civil War ruined the Southern economy because most of the battles were fought in Southern states. Farmlands had been destroyed and the few factories they had were either badly damaged or also in ruins due to the battles. The Southern economy of 1860 has been measured by historians and economists. Using 1860 as a base, it was not until 1900 that the Southern economy had even reached 75% of its 1860 output. Another reason for the lack of a rebound in the Southern economy was the loss of Southern soldiers. Both sides in the war lost about the same amount of soldiers, however, the losses in the South had a greater impact because the overall Southern population, minus the slave population, was about nine million. The North had about 23 million. With that said, a large part of the available working men in the post war period was simply not there.
Did the north or south have a greater population in 1860?
north
Economic developments north south 1800 1860?
South enslaved North no
What were the north's and the south's similarities?
In 1860 the North and South were moving toward systems of mass production
What year did the south break away from the north?
i believe it is at the end of 1860
How many principle manufacturing cities did the north have in 1860?
North's is 11, South's with only 2.
What was the size of the black population in the North in 1860?
The total number of the white population of the upper south in 1860 was 4,464,501. The total number of the white population of the lower south in 1860 was 3,574,199.
What was the sectionalism How did this idea play out in the election of 1860?
What were some advantages of the South? What about North
How many manufacturing establishments did the North have in 1860?
In 1860, Northern states had 110,000 manufacturing establishments. In contrast to this the South had only 18,000.
Which section north or south had a larger population in 1860 and why?
Idont know u tell me
What were railroads like in the 1860s?
The south had more miles of railroad then the north in the 1860's
Was it true after the election of 1860 the south felt that the north was unwilling to except a majority rule?
no
What describes the railroads in the US in 1860?
The North had more miles of railroads tracks then the South
