How Did The Civil War Affect The Economy Of The United States

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North and South Name: Confederate, Rebels President: Jefferson Davis Generals: Robert E. Lee, JEB Stuart Population: 9 million Economy: Had mixture of factories, agriculture, primarily based on grains, ship building and transportation. Industries: Before the war the South was the richest section of the country. 75% of American millionaires were Southerners and 24 of the 25 richest counties in the US were in the South. But this was an economy built on the export of cotton harvested by an enslaved work force. The Civil War destroyed all this States: Virginia, North Carolina, South Carolina, Tennessee, Georgia, Louisiana, Texas, Alabama, Florida, Mississippi, Arkansas, Oklahoma Victories: Battle of Bull Run KIA: 93,000 Wounded: 137,000…show more content…
75% of American millionaires were Southerners and 24 of the 25 richest counties in the US were in the South. But this was an economy built on the export of cotton harvested by an enslaved work force. The Civil War destroyed all this States: Virginia, North Carolina, South Carolina, Tennessee, Georgia, Louisiana, Texas, Alabama, Florida, Mississippi, Arkansas, Oklahoma Victories: Battle of Bull Run KIA: 93,000 Wounded: 137,000 Name: Union, Yankee President: Abraham Lincoln Generals: Winfield Scott, Henry Halleck Population: 20 million Economy: Based primarily on cotton monoculture produced by slave labor. Their cotton was sold to Europe for hard currency. Industries: Advanced manufacturing capability for weapons, uniforms and footwear, and arable and livestock farms all over the North for food, leather and wool. States: California, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Rhode Island, Vermont, West Virginia, Wisconsin Victories: The Battle of Antietam KIA: 110,000 Wounded: 275,000 Name: Union, Yankee President: Abraham

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