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pickupchik [31]
3 years ago
9

Which factor led to inflation in the Confederacy?

History
2 answers:
Virty [35]3 years ago
8 0

Answer: The subsequent issuance of government debt and substantial printing of the Confederate dollars contributed to high inflation, which plagued the Confederacy until the end of the war. Military setbacks in the field also played a role by causing loss of confidence and by fueling inflationary expectations.

Explanation:

lakkis [162]3 years ago
5 0

Answer:

So the Confederacy had to finance itself through the excessive printing of money, which led to hyperinflation. Increased taxation, the most direct and obvious way of raising additional revenue, failed to finance a significant portion of the war for the Confederacy.

Explanation:

Please give me brainliest???

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