Post-Civil War Economy

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Economic Problems faced by the South Post-Civil War The South’s economy following the Civil War was completely and utterly destroyed. It faced a great number of obstacles during Recostruction. Some of these effects are still being felt by the modern-day south. The economy was so incapable of improvement that the south is still the poorest region of the United States to his day. Before the Civil War, the South’s main money source was the profits made by the selling of cotton. After the Civil War it was a different story. Much of the land used to grow the crop were battle sites now. They were littered with the waste left by the war. The fields that weren’t destroyed by battle, had all the nutrients in the soil completely sucked up by the overgrowing …show more content…

Very many people lost their homes. It was very hard for them to rebuild also. hey had no money to buy and of the supplies needed. The men who would have rebuilt the structures either died or were wounded during the war. Rebuilding would have been if people had been able to decide how to do it. Some wanted to tax the southerners to get the money to rebuild, but how? They had no money. Taxing them would have only made the situation worse. Some thought that the south should rebuild themselves. Eventually the group that made all the decisions on reconstruction were the Radical …show more content…

Many people had bought war bonds to support the war effort, these to were worthless. Many farmers were so poor that they had to borrow on credit to afford to keep their farm running. There crops would be given to the creditor as payment. Bad years that yielded little crop, force them into deeper debt. The infrastructure of the South was destroyed. The railroads had been virtually all destroyed by the Union during war. Roads had also been destroyed. Because of this it was hard to transport materials throughout the south, or to other parts of the United States. All of it had to be rebuilt, before the economy could be rebuilt. 250,000 Confederate soldiers died, and 300,000 more were wounded. Very many of them were missing limbs. This means that these men could not work. In some cases they were given pensions, even though the 14th amendment prohibited it. Different pensions were given to those who lost limbs, eyesight, or

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