231k views
4 votes
Why was inflation so much higher in the south?why was inflation so much higher in the South ?

User Spamguy
by
4.7k points

2 Answers

4 votes

Answer:

Most of the money in the South was tied up in land and slaves. Too much money in circulation caused prices to rise. Shortages of food and supplies forced the rate of inflation higher.

Step-by-step explanation:

User Krulik
by
6.4k points
7 votes

Most of the money in the South was tied up in land and slaves. Too much money in circulation caused prices to rise. Shortages of food and supplies forced the rate of inflation higher.

User PeresisUser
by
6.1k points