Answer:
This is true, the south had a MASSIVE economic downturn after the war. And even if they won, the north still would have been the economic power house.
Explanation:
here these screen shots of this artical may help. I couldnt type it because it was to much and i was only gien 4 mineutes. So i screen shot the pages for you. Hope they help. i think they are backwards by the way.
Foreclosures were a common occurrence in the early 1930's, as thousands of Americans lost their entire life savings and eventually their homes once the stock market crashed in 1929.To help provide Americans with help, Franklin D. Roosevelt creates the Federal Housing Administration.
This government agency helps to provide small loans for home construction. Providing these loans would help the economy recover, as new home construction is a sign of economic prosperity. By limiting the size of the loan, individuals were able to make reasonable payments and this allowed for relief, especially on America's middle class.
