Three million men, or nearly 10% of the population of the United States in 1860, belonged to the 15–30 age group.
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What is the Economic Cost of American Civil War?</h3>
The estimated cost is about $3.3 billion, spent by both the government and the estimated human capital lost in the war was about $2.2 billion, and physical destruction was under $1.5 billion.
The total bill for the war came to about $7 billion—roughly two full years of GDP in 1860.
Thus, the American Civil War was revealed to be a revolution in which both the government and the military expended enormous resources.
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