Answer:
There are three main reasons for the crowding out effect to take place: economics, social welfare, and infrastructure. Crowding in, on the other hand, suggests government borrowing can actually increase demand by generating employment, thereby stimulating private spending.
Explanation:
Lincoln went public with the preliminary Emancipation Proclamation, which called on all Confederate states to rejoin the Union within 100 days—by January 1, 1863—or their slaves would be declared “thenceforward, and forever free.
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