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How did the Civil War affect the economy of the North?

SHINE
A. The Northern economy grew as factories produced large amounts
of goods for the war.
B. The Northern economy stayed the same as no new jobs were
created during the war.
C. The Northern economy shrank as foreign countries refused to
trade with the Union.
OD. The Northern economy shrank as the Union was unable to trade
with the Confederacy.

User Murali Rao
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1 Answer

4 votes

Answer:

Step-by-step explanation:

The Civil War had a major impact on the economy of the North. During the war, factories in the North produced large amounts of goods for the war effort, which boosted the economy. This included producing weapons, clothing, ships, and ammunition. As a result, the North experienced strong economic growth that lasted until the end of the war.

However, the Union was unable to trade with the Confederacy during the war, which had a negative effect on the economy. Without external trade, Northern manufacturers and merchants had to rely on internal markets for sales and profits. In addition, the disruption of trade led to a decrease in the availability of certain goods, leading to higher prices and inflation.

The Civil War also caused the disruption of transportation routes and the destruction of Southern ports, which further hindered the economy of the North. Even after the war, the economy of the North was slow to return to its pre-war level due to the disruption of trade.

Overall, the Civil War had a significant impact on the economy of the North, both positive and negative. The war led to economic growth due to increased production of goods, but also caused a decrease in external trade and disruption of transportation routes.

User Denger
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