Why was a union victory at Vicksburg so important for the north

1 answer:

3 0

The union victory at Vicksburg was important for the north because the Union army captured the last Confederate stronghold on the Mississippi River, completing the Northern Strategy. It is described as the turning point of the war and cut off the states of Arkansas, Louisiana and Texas from the Confederacy and the Confederate army was driven back into their defensive lines.

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Stability

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According to my research on the many aspects of economics, I can say that based on the information provided within the question the term being mentioned here is called Stability. This refers to the process of making something stable. In this case it is the steps necessary to make sure that the economy does not experience high inflation which can destabilize a country.

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When hig inflation is a concern, a central bank’s inflation target is often less credible if:

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E. None of these make an inflation target less credible

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Since the inflation target is set by central bank, it is usually credible and hardly have any reason that would create the impression ofbeing less credible.

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