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Ruined it.
The Union Naval blockade stopped the South from exporting its plentiful cotton in exchange for war-supplies.
Selling tothe enemy was strictly banned (though this law wasnot very strictly enforced).
And the Confederate dollar was not based on assets, but merely on the promise of Southern victory. By the end of 1864, it was only worth 5 cents.
The South remained in a miserably poor state for a few years after the war, having paid a high price for its earlier arrogance in defying the United States.
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Was Texas a confederate state during the war civil war?
Yes.
What armys were there in the civil war?
Confederate and Union
What was an effect of the civil war-?
rapid growth of the union navy
How did Texas economy change after the civil war?
well, first off Texas had seceded from the union so it was a confederate state that believed in slaver, therefore when the union won back the confederate states Texas was no longer a slave state because the union had abolished slavery.
What were the cause and effects of the Confederate attack on Fort Sumter?
Cause: Union ships were going to take supplies to the Fort when Confederate forces attacked the supply ships. Effect: The Civil War began
What was the economy in the Confederate states based on during the civil war?
For the most part the war, farming, and slave trade.
What was the Southern economy based on as the US Civil War began?
As the US Civil War unfolded, the economy of the Confederate states was based on agriculture. The main crops they farmed were cotton, tobacco and rice.
What was the effect of civil war on US economy?
The effects are it declined the economy miserably and sent them into the Great Depression
What effect did the war have on the civil war have on the south economy?
pretty much smashed both of them for a few years
What describes Confederate economy during the US Civil War?
The economy of the Confederate States of America was based on agriculture. Plantations worked by slave labor produced both food products and cotton. The South lacked an industrial base which was a huge handicap during the US Civil War. Under the direction of the Confederate government, the industrial base was expanded in order to help build war materials.
What was the effect after confederate soldiers fired on union troops in fort Sumter?
The Confederate bombardment of Fort Sumter signed the outbreak of the American Civil War-.
How did civil war effect Jefferson Davis?
Jefferson Davis was the president of the Confederate States of America. He was the heart and soul.
Was Texas a confederate state during the war civil war?
Yes.
Where did the confederate war end?
after civil war
Is there any Civil War word that starts with Q?
William A. Quarles was a Confederate General during the Civil War. Confederate Captain William Quantrill and his "Quantrill's Raiders" were Confederate soldiers during the Civil War.
During the civil war where was the capital of the confederate states?
Richmond was the capital of the Confederate States of America during the Civil War.
What effect of formation of Confederate States of America did it have on the nation?
The United States divided and eventually started the Civil War. During the Civil War, more Americans died than in any other war.
