Question

Which of the following statements correctly explains economic conditions in the North during the Civil War? You may select more than ONE answer.

1. Foreign trade kept the economy moving forward.
2. Industries were booming as they made war supplies.
3. Lack of European trade reduced available funds.
4. Taxes and bonds were raised to finance the war.
5. Numerous battles were destroying farm lands.
6. The economy was beset by massive inflation and debt.

Answer 1

Foreign trade kept the economy moving forward.

Industries were booming as they made war supplies..

Taxes and bonds were raised to finance the war.

These three are the correct answers.