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The Economic And Social Effects Of The Civil War

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The Economic And Social Effects Of The Civil War
The Civil War was a revolutionary experience for both Northerners and Southerners. Both sides involved witnessed change but for African slaves the effect of the Civil War was the most drastic. n the north the union won the war and emancipated slaves, getting their way in the war. In the north the war had a great impact on the economy and society. The economy as inflation rose almost 80% and taxes were put in place (income tax) also a national banking system was created. The war needed a mass production of weaponry, which sped up the North’s manufacturing business, war profiteers took advantage of this and sold these produces at high prices creating a class of millionaires. This new class shows social change in the north, as the war opened up

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