ipl-logo

Compare And Contrast The Economic Elements Of 1861-1865

277 Words2 Pages

The economic elements of 1861-1865 were very different for the North and the South. The North was doing very well, compared to the South. In the North they had to lay-off many workers and close down the textile industries because of the scarcity of cotton. However, the “arms, metalworking, boot making, and shipbuilding industries” were booming in the North (Keene, 391). The wages of the workers rose by about 40 percent, but the prices of goods rose at the same pace as the inflation rate averaged about 15 percent annually (Keene, 391). As a result, many workers created and joined craft unions, but not many strikes were held because of strikebreakers and the appeals to patriotism. The South was even more worse off than the North. The Union blockade

Show More
Related

  • How Did The Civil War Influence The Development Of Big Business

    575 Words  | 3 Pages

    After the Civil War, the United States had two distinct economies, which is quite significant. The Southern economy was completely damaged by the results of the Civil War. Southerners were forced to readjust their entire economy, because slaves needed to be liberated, leaving slave-owners with no workforce. Meanwhile, in the North, the need to supply Union armies with particularly daily supplies marked the start of an era of industrial development. Which giant corporations essentially emerged known as Big Business.

    Read More

  • Discuss The Causes Of The Civil War Dbq

    661 Words  | 3 Pages

    Uncompromising differences between the South (Confederacy) and the North (Union) created a civil war that lasted five years. During this war, Abraham Lincoln was president. His election led to the secession of many Southern states. After refusing to recognize the Confederacy as its own nation, the American Civil War commenced in 1861. The three main causes of the Civil War between the North and the South were industrial and agricultural economies, politics, and slavery.

    Read More

  • What Was The Impact Of Slavery On The Old South

    766 Words  | 4 Pages

    No matter your stance at the time, one thing became clear: socially, politically and economically, slavery was the fabric of American success and gave birth to the Old South as we know it today. At the center of the entire institution of slavery, and central to its defense, was the economic domination it provided a young country in international markets. In the early 19th century, cotton was a popular commodity and overtook sugar as the main crop produced by slave labor. The production of cotton became the nation’s top priority; America supplied ¾ of the cotton supply to the entire world.

    Read More

  • Civil War Economic Causes

    837 Words  | 4 Pages

    After four long years, the Unions won the war which saw to it that both parties ended up as a united nation once again. The North overpowered and defeated the South due to a number of reasons as illustrate below. To begin with, the fact that the South majored in agriculture made them to be left behind in terms of industrialization, an important factor during the civil war since fabricated merchandise was highly regarded than agricultural products. The North was therefore privileged to be in a better position in production of armory since it was able to host firms that manufactured ammunitions and war locomotives. The South was poorer, since cotton was no longer making ready income and they only had a few manufacturing origins.

    Read More

  • How Did The Civil War Affect The Economy

    791 Words  | 4 Pages

    With the Civil war came many changes to America’s economy, specifically to her transportation and labor systems. While the United States’ transportation sector changed positively, the labor system did not, since the loss of slaves took its toll on the South’s economy. Overall, America’s economy changed so much from 1865 to 1880 that the effects can still be seen

    Read More

  • Political And Social Changes From 1860 To 1860

    592 Words  | 3 Pages

    The aftermath of the Civil War caused drastic transformations among the American people between the years 1860 and 1880. Of these changes rose the issues of political and social relations within the nation. The issues of political and social relationships arose among several different groups of people, causing these relationships to drastically change. Through the transformations of public liberty, right of succession, and slavery, the Civil War and it's inevitable aftermath was able to alter the political and social relationships that had been instilled in the fabric of America before the times of 1860.

    Read More

  • Explain How Big Businesses Controlled The Economy And Politics Throughout 1870-1900

    170 Words  | 1 Pages

    Justin Clement APUS DBQ Big businesses controlled the economy and politics throughout 1870-1900. They were in control of the prices for certain items because they destroyed their smaller competitors until there was no competition left. They had much sway over politics and took away the people’s say. As we can see from Document A, between 1870-1899, the price for food, fuel, lighting and living decreased with the emergence of big businesses.

    Read More

  • Large Corporations 1870 To 1900

    535 Words  | 3 Pages

    The economy was consistent in the United States during the 1870’s but as the years went on large businesses were able to lower the cost of food prices, fuel and lighting

    Read More

  • Farmers's Response To Industrialization In The Gilded Age

    1456 Words  | 6 Pages

    In a time when America was coming out of the bloodiest war that was ever fought, against themselves, The Civil War, and when America looked overseas for a new frontier with Imperialism. It is in this context that America started to grow westward with farm land and in industry with the million of workers, but America still felt growing pains. Two significant ways in which farmers and industrial workers responded to industrialization in the Gilded Age (1865-1900) were the formation of organizations to protect farmers, and the creation of labor unions and the use of strikes to protect the workers. One significant way in which farmers responded to industrialization in the Gilded Age (1865 - 1900) was the formation of organizations to protect farmers. During Westward Expansion farmers fell victims to the low pricing of the crops.

    Read More

  • Essay On What Caused The Civil War Dbq

    484 Words  | 2 Pages

    Nick Baxter What caused the Civil War? DBQ The Civil War was caused by three main reasons are economic differences, interpretation of Constitution, and moral beliefs. The North and the South were very different economically.

    Read More

  • Analysis Of The Half That Has Never Been Told By Edward Baptist

    790 Words  | 4 Pages

    He also shows how they took something like slavery and blew the other forms of providing revenue out of the water! The slave revenue exceeded well over the industrial, mechanical, and farming numbers and even though it was a southern dominated aspect of life, it even funded the northern part of the country. Baptist drives home his thoughts and provides facts in key areas such as: economic thought when it comes to production output, transportation of slaves and its impact on the local and national economies, and the interaction of the northern and southern economies. Baptist demonstrates very soundly that both wage capitalism in the North and slave capitalism in the South interacted

    Read More

  • What Caused The Civil War Essay

    574 Words  | 3 Pages

    So they became more focused on industry. Items like cotton, wool, pig iron, weapons, furniture, and other important items were being produced at a faster rate than the south. " By 1860, 90 percent of the nation 's manufacturing output came from the northern states” (Industry and Economy during the Civil War) The need for slaves in the north had reduced drastically. Slavery wasn 't needed in the North as much as it was in the south.

    Read More

  • Industrial Workers In The Gilded Age

    1038 Words  | 5 Pages

    After the Civil War many problems arose. For farmers- shipping rates, freight rates, silo prices, and interest rates all skyrocketed. Many businessmen, such as middlemen, would try to take advantage of the farmers needs to mooch more money off of them. All of these issues caused the Farmer’s Alliance to form. The farmers that were participating in the alliance were being directly affected by the rise in rates and prices.

    Read More

  • Civil War Reconstruction Essay

    606 Words  | 3 Pages

    The economically flourishing South transformed into an economically struggling area, while the North suffered as a result of the collapse of the banks. The Civil War and Reconstruction brought about many economic struggles to the United States and transformed the status of the South. The Civil War indisputably transformed the United States politically, socially, and economically. The 13th, 14th, and 15th Amendments sparked most of these changes in addition to the reunification of the Confederate states.

    Read More

  • Research Paper On African American Culture

    1218 Words  | 5 Pages

    Approximately three Southern states change their approach on forced labor without compensation, African American slaves would work for an amount of cash that was, generally, given to the masters of the slaves; However, some of these African American were freed and, therefore, kept all the earnings. In the mid 1800’s southern states, slavery was progressively headed towards salary base employment which would boost the states economically. Furthermore, Northern states were already using such economic structure to boost labor in the industrial region, which led to divide the country into sectors of specialized commodities. Southern state were no longer the only major contributor of economic growth, the Northern states were in large in foreign demands for cotton in the years of 1815-1843 as industries boomed in

    Read More

More about Compare And Contrast The Economic Elements Of 1861-1865

Open Document