Which of the following statements correctly explains economic conditions in the South during the Civil War?

2 answers:

5 0

The correct answers are 4) Foreign trade kept the economy moving forward, 5) Taxes and bonds were raised to finance the war, and 6) The economy was beset by massive inflation and debt.

The statements that correctly explains economic conditions in the South during the Civil War are Foreign trade kept the economy moving forward,

taxes and bonds were raised to finance the war, the economy was beset by massive inflation and debt.

One of the things that impacted the Confederated states during the war was the economy. Harsh economic conditions were presented in the Southern states, meanwhile, in the North, the economy was in better conditions. More fabrics and industries were located in the Northern states. The Southern states were having inflation and debt that impacted the economy of the region. Trade with Europe allowed for some stability and to finance the war. Let's remember that the economy in the Southern states depended so much in the slavery, so the Civil War changed things so much.

alexandr402 [8]3 years ago

4 0

The economy was beset by massive inflations and debt

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