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During the Battle of Shiloh in April 1862, the economy in the United States was deeply affected by the ongoing Civil War. The Northern economy was relatively stable, bolstered by industrialization and a growing workforce, while the Southern economy faced significant challenges due to blockades and loss of labor from enslaved people. The battle itself resulted in heavy casualties and destruction, further straining resources and impacting local economies in the affected areas, particularly in Tennessee. Both sides faced increased demand for supplies and military resources, leading to inflation and scarcity.

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