Question

Which statement best describes Union efforts to pay for the Civil War? The Union printed and borrowed money, which caused inflation. The Union sold bonds and took out loans, which caused deflation. The Union used Confederate currency and forced the South to pay. The Union sold bonds to the Confederacy and forced the South to pay.

Answer 1

Good Morning! In order to pay for its struggle in the Civil War, the Union sold bonds, raised taxes and also alienated federal lands. The problem is that this ended up generating deflation, damaging the economy in the long run. The answer, therefore, is that it corresponds: "The Union sold bonds and took out loans, which caused deflation.

Answer 2

The answer to your question would be A.The Union printed and borrowed money, which caused inflation.