How did the South make money during the Civil War?

How did the South make money during the Civil War?

In 1860, the South was still predominantly agricultural, highly dependent upon the sale of staples to a world market. By 1815, cotton was the most valuable export in the United States; by 1840, it was worth more than all other exports combined.

What did most Southerners have that was worthless after the war?

The people only had worthless Confederate money. The Southern banks could not loan out any money because they didn’t have any. To make matters worse, the price of cotton fell drastically on the world market.

What was the main issue between the South and the Union?

The Civil War in the United States began in 1861, after decades of simmering tensions between northern and southern states over slavery, states’ rights and westward expansion.

What did fighting a defensive war mean for the Confederacy?

What did fighting a defensive war mean for the Confederates? Since the weapon technology was basically equal, it was an advantage for the Confederates. The freeing of slaves would weaken the Confederate war effort. How would the service of African-American soldiers in the Civil War best be categorized?

Which side did not have to invade and conquer the other in order to win in the Civil War?

The North had the necessity to conquer. The South could have won simply by not being conquered. It did not have to occupy a foot of ground outside its borders. The South’s best hope for success was outlasting Lincoln, and deep schisms among Northerners throughout the war kept that hope alive.

Why did the South keep fighting?

Civil War wasn’t to end slavery Purposes: The South fought to defend slavery. The North’s focus was not to end slavery but to preserve the union. IT IS GENERALLY accepted that the Civil War was the most important event in American history.

What was ironic about the Confederate government?

What was ironic about the Confederate government? This new centralized government became stronger than the national government had been before the war. Grant was willing to wage a war of attrition.

Why would a longer war favor the union side?

The Union’s advantages as a large industrial power and its leaders’ political skills contributed to decisive wins on the battlefield and ultimately victory against the Confederates in the American Civil War.

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