Unites States History A 2:9 Economic Effects of the Civil War

Bread Riots

Protests mainly led by Southern women who couldn't afford food due to inflation and shortages.

Confederate Inflation

Caused by printing too much paper money and refusing to tax slavery or cotton.

Union Economy

Grew due to increased industrial production for the war effort.

Greenbacks

Paper currency issued by the Union during the war to finance the conflict.

Homestead Act

1862 law giving settlers 160 acres of western land, promoting Union agriculture and settlement.

Morrill Land Grant Act

Established agricultural colleges to improve farming techniques and boost food supply.

Southern Economic Collapse

Caused by war devastation, inflation, and a lack of diversified industry.

Income Tax

First federal income tax introduced by the Union to help fund the war.