Explanation: Because many southern cities were burned to the ground such as Atlanta, Georgia and Richmond, Virginia (the Confederacy's capitol). The southern financial system was also ruined. After the war, Confederate money was worthless.
Between 1808 and 1826 all of Latin America except the Spanish colonies of Cuba and Puerto Rico slipped ... Many Creoles (those of Spanish parentage but who were born in America) felt Bourbon policy to be an unfair ...
