Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
How did the civil war affect the economy
Social, political and economic impacts of the civil war
The economic impact of the civil war
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: How did the civil war affect the economy
Econ 1740 Name: ____________________________Richard Koplow
Midterm 3 ID#: ______________________________u0912368
Answer all of the following questions. (You don’t need to include the question, but you can. If you do, leave a space between the question and your answer)
You must have 1” margins, and your answers must be double spaced, with a 12pt font (times new roman or arial).
For questions 1 and 2 you must write one page minimum.
1. At the beginning of the classic film Plan 9 from Outer Space, the Amazing Criswell says, “We are all interested in the future, for that is where you and I are going to spend the rest of our lives. And remember my friend, future events …. will affect you in the future.” Indeed, future events will affect us in the future. That’s hard to deny. But, perhaps, past events can help us understand and design policy for the future. SO, what past event, policy, or broad trend in US economic history will be of greatest use to us in
…show more content…
From battle to diseases American grew as a country following the Civil War and this growth continued for a long time as the people remembered the events of the Civil War and why we are here today. These moments and events cannot be forgotten because these brave men were the ones that shaped America to what it is today and what it will become tomorrow.
America will face hardship in our future again, that is inevitable. The way we deal with those problems is what will separate us from the rest of the competition. Because we have dealt with so many problems in our past especially big ones like the Civil War our country has become stronger and when we need advice or need to learn new strategies of the leaders of the past they can turn to Abraham Lincoln and learn of the incredible accomplishments he made as the president and leader of the UNITED States of
America has overcome good and bad, ever since we gained our independence. Several large events changed how we view the past and we never want to visit those scenarios ever again. World War II changed lives throughout the world, especially the lives of Americans. Japan sneaked attack Pearl Harbor, Americans dropped bombs on Japan, and the US economy plummeted. We will never want to revisit these events, but they will always be remembered.
The Industrial Revolution was an era between 1780 and 1850 where new inventions and machinery flourished, replacing human labor with machines in the production and manufacturing of goods. The Cottage Industry helped give rise to the Industrial Revolution with its inventions such as the flying shuttle, spinning jenny, water frame, and spinning mule, all of which were mainly operated by women. This opened new opportunities for women in the working industry but this also introduced working class injustices, gender exploitation, and standard-of-living issues. Women 's experiences in factories reflected the profound social changes of the revolution and continuities with traditional working-class ways of life through their poor working conditions, demoralization, and little reward for their hard work.
The Civil war was possibly the greatest tragedy that this country had ever faced. Years of constant arguing, compromises and cynical ideas about slavery pushed this so called "United Nation" into an atrocious collision between the Northern abolitionists and the Southern proslavery farmers and plantation owners. The nation suffered enormous losses economically and went into a downward spiral. The reconstruction period began with many leaders stepping up to try and fix this crippled country, but it didn't turn out like everyone hoped. Slavery was still the largest issue and the reconstruction halted because of the disagreements the people faced. After many years of working, compromising and passing laws, the task proved itself to be impossible, as the country remained to be separated. The lack of unity was present because most of the amendments, laws and rules passed during reconstruction were created to protect and ensure the rights of African Americans. However the South continued to promote slavery and "putting blacks in their place" until the 1950's.
The Industrial Revolution was a fundamental change in the production of goods that altered the life of the working class. Similar to most other historical turning points, it had skeptics, or people that doubted the change, and fanatics, people who saw the value in the change being made. The Industrial Revolution and the period that followed shortly after highlight these varying opinions, as people were more conflicted than ever about the costs of industrialization. While Industrialization started in England as an attempt to capitalize on the good fortune they had struck, it quickly developed into a widespread phenomenon that made the product of goods more exact and controlled by higher level people. Many industries, such as the cotton and textile
In history, it seems inarguably true that when a nation advanced in power and wealth, changes will soon followed. These changes affected the political, economic and social system of that nation, and often came as an advantage for wealthy individuals, while detrimental to others less fortunate. An example of this notion can be seen in American History. After the Civil War and the Reconstruction Era, America quickly surpassed Great Britain in industrial production thus became the leading nation in industrialization. However, great things do not come without a cost; the rapid technological expansion in the US would initiate the crisis of the 1890s. The crisis of the 1890s was the shift from the rural and agrarian society to a modern urban and industrial society.
Sectionalism, slavery and other issues leading up to the Civil War were some of the most disturbing aspects of our history. The years during the Reconstructive Period were also volatile and often violent. However, these were all critical and contributed to the growth and development of today's United States; the strongest and most democratic country in the world.
In the words of President Abraham Lincoln during his Gettysburg Address (Doc. A), the Civil War itself, gave to our Nation, “a new birth of freedom”. The Civil War had ended and the South was in rack and ruin. Bodies of Confederate soldiers lay lifeless on the grounds they fought so hard to protect. Entire plantations that once graced the South were merely smoldering ash. The end of the Civil War and the abolishment of slavery, stirred together issues and dilemmas that Americans, in the North and South, had to process, in hopes of finding the true meaning of freedom.
“The United States emerged from a virulent, intense, and inhumane civil war and evolved into a new nation during this period. This transition was the culmination of political, economic, social, and cultural movements which transformed the nation. E Pluribus Unum - out of many United States, one nation; the United States was forged in the cauldron of these revolutions." -Arnold Toynbee, A Study of History
War is not a cheap man’s game. At the core of every nation sits an economy comprised of varying wealth and resources. A nation’s prosperity is dependent on its economic fortitude. In a constant state of fluctuation, economic prosperity is often fleeting, with a single event capable of causing economic turmoil for decades to come. The terrorist attacks of September 11, 2001 acted as a catalyst for economic change in the United States. The attacks presented isolated economic desolation, but the growing concern for security and the war on terror provided the greatest economic impact for the United States and the world.
Many people see history as a set of facts, or as a collection of stories. The reality, however, is that history is a fluid timeline. Each act of an individual or a group has an effect on others. Each moment in history is a building block that, good or bad, contributes to the stability of the next. This can be seen clearly in American history, as there have been several developments since the 1800’s that have played major roles on the growth of the nation.
The Civil war cut our nation in two, Americans fighting Americans, brother against brother. A key battle fought westward was the turning point in the war: the Battle of Vicksburg.
The American Civil War remains one of the most heated and highly debated pieces of history in not only the United States, but also the entire modern world. It remains so not only in its origins, but in the goals of each side, and the effects it had on American culture. The effects, as I will demonstrate much later, were not limited exclusively to the United States, and extended to many foreign ideals and practices as well. This demonstrates the importance of this war politically and socially to modern history.
The American Civil War was a horrible event in the history of the world which started from three main causes: slavery, the dispute over state?s rights, and a division between the North and South. The war ended because of the dedication and warfare tactics of many heroes and enemies. The Civil War started on April 12, 1861 and ended four years later (World Book, 614). In the end, more Americans died than in any other war in history. But in the end good once again triumphed over evil!
Something that may come to everyone’s mind nowadays and the number one thing that is looked at after a presidential election and every New Year is stock. Stocks determine the health of the economy, the money people are willing to invest, take risks on and win back or lose, but because of the crash, it discouraged people from investing in stocks and instead a huge amount of withdrawals happened leading to the economic collapse that occurred. The U.S. government began to worry it would run out of gold because everyone began to turn the couple dollars they still had into gold, so the Federal Reserve decided to increase the value of the dollar. Banks began to fail and lose savings; people had to withdraw the money they had left, leaving banks no other choice but to shut down. In turn, everything in the present and the future is judged through the stocks as they hold a high importance in industrialized economies showing the healthiness of said countries economy.
As corny as this sounds, history really does have a way of repeating itself. It’s up to the people like us, the future leaders of the country to decide if the good things or the bad things are the ones that will repeat themselves. Events that lead to the stock market crash, which lead to the great depression are being avoided, things that lead countries to war are being dealt with today in a different manner because no one wants another world war, Democracy, the longest standing form of government in the United States, is being spread around the world to avoid such conflicts that occurred with dictatorships in the past, and the newest problem, terrorism, that is occurring in today’s world, will be and is being looked at.