Answer:
As part of the war effort, the U.S. government also attempted to guide economic activity via centralized price and production controls administered by the War Industries Board, the Food Administration, and the Fuel Administration.
Explanation:
Three million men, or nearly 10% of the population of the United States in 1860, belonged to the 15–30 age group.
<h3>
What is the Economic Cost of American Civil War?</h3>
The estimated cost is about $3.3 billion, spent by both the government and the estimated human capital lost in the war was about $2.2 billion, and physical destruction was under $1.5 billion.
The total bill for the war came to about $7 billion—roughly two full years of GDP in 1860.
Thus, the American Civil War was revealed to be a revolution in which both the government and the military expended enormous resources.
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