Civil Wars Economic Consequences for America
The Civil War’s economic consequences were for the greater of America. ... The Civil War had different effects in the North and the South agriculture. ... In the North, particularly in Ohio, the wool, which was always in demand in wartime to make uniforms and blankets, was important during the Civil War because southern cotton was not available. A lot of the corn grew in Ohio before the Civil War was marketed in the south, but when the South market was cut off, the corn production temporarily declined until trade channels were opened with the East side. The Civil War increased the production of sorghum and wool in Iowa, but corn continued to be principal source of wealth. ... The Civil War made possible the approbation of four laws in 1862. ... The Civil War were years of rapid economic change and industrial retardation. ... Previously believed that the war made economy grow faster, the more thorough analysis reveled slowing down of the economy during the years of Civil War. ... More over, immigration, a major force of the economic growth, was down, and started to increase only after the war. ... So, from point of view of statistics, the economy grew less rapidly during the five Civil War years than at other times.