Effects of Civil War on the Economy of the United States
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This essay explores the adverse effects of the Civil War on the economy of the United States, including economic destruction in the South and the rise of racism and violence. It discusses the assassination of Abraham Lincoln, violence and politics during the Reconstruction era, the practice of racism, and the Great Depression.
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Running Head : ANCIENT HISTORY Ancient History Name of the Student Name of the University Author Note
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ANCIENT HISTORY Introduction The era of the civil war was the period that consisted of great economic, social and political uphea in the history of the United States. The war destroyed the economic structure of the south changing the whole of the land including the Tennessee, Georgia, Mississipi and the south cerolina which got devastated resulting is furthermore damage in the agricultural sector. Though the northern part of the land witnessed rapid rate of industrialization, the southern parts found it hard to mobilize their range of resources where the slavery was an outlawed option (Mussagy and BigramoAllaro 2016). The thesis statement of the essay argues with the fact that the effects of the civil war had an adverse effect on the economical condition of the United States. This essay will thus illustrate the cons of the impacts of the civil war on the dramatic economic changes that spread rapidly and altered the society. The progressive era of the late 1800 wittnessed the increased rate of the intervention by the government that both helped the overall economy challenging the position of the common workers. Some of the notable incidents within the decade that can be highlighted to support the adverse effects or the cons of the civil war in the United States among the year 1865 and 1940 are as follows. One of the first example is the assaination of Abrahim Lincolnafter the scenario of the surrender of Robert E Lee towards Ulysses Grant in the court on the date 9thApril, 1865. The president was assassined in a plan where John Wilkes Booth being the native of Maryland remained in the northern part during the time of the civil war.Being one of the prominent stage actors and sympathizer, he viewed the president to be a tyrant (Peterson del Mar 1998). After the fail pf several plan sof abduction and killing of Union leaders, the desperate leader was unwilling for surrender and was shot to death on April 26 together with the execution of his fellow conspirators who were convicted.
ANCIENT HISTORY Next example, is the violence and the politics of the reconsruction era. Ranging of the period mostly from 1865 to 1877, the reconstruction era generally referred to the period that follows the American Civil War. There were many bills and laws that were passed during the era of the reconstruction in the target of reintegration of the south in the federal structures. There was a rampant rise of riots and violence against the black communities together with the development of the many of the racist groups who propgated more violence among the common people. These included Red Shirts in Mississipi and the White League in Lousiana (Jacoby 1983). The effect of the civil war fueled up the system of racism that disenfranchise the black voters making them to remain tied to employment including lower rate of wages in he domain of hoseholds and agriculture. Next is the example of cruelty and the practsie of the racism that flourished after the period of reconstruction in 1877. The whites of the society tarted to gai morepower and developed certain methods to bypass and subjugate the black people and the laws related to their laws (Chen, Loayza and Reynal-Querol 2008). The Jim Crow Laws of 1877 which continued till 1965 aimed to take away the civil rights f the black people of the community by strategically twisting the existing. Termed as Redeemers, the law was developed after the strip of racist cartoon regarding a poor and illeterate black man Inhu,am practices like forcing the black community people to sit in the back of public transport, to force the black people to pay poll taxes forqualifying to vote and more (Rauchway 2008). These practices were prevelant among the americans after the civilwar adevesrely affecting the economy and the people of the community. Finally the example regarding the era of 1930 which witnessed some of the dramatic changes in the economies of the United States including the great depression which too a toll of the employment sector of the United States (Goldin and Lewis 1975). The year witnessed the unemployment status of more than 15 million americans party due to the result of the
ANCIENT HISTORY crash of the stock market in the year 1929 of October 29 that fueled the dramatic disaster of the economy targeting the crisis of the increased uneven distribution of the wealth. Conclusion Thus it can be concluded that though the civil war benifited the noth’s economy to ssome extent, the southern part got destroyed and caused various economic disavatages for the community pele and the black americans after the industrialization.
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ANCIENT HISTORY References Chen, S., Loayza, N.V. and Reynal-Querol, M., 2008. The aftermath of civil war.The World Bank Economic Review,22(1), pp.63-85. Goldin, C.D. and Lewis, F.D., 1975. The economic cost of the American Civil War: Estimates and implications.The Journal of Economic History,35(2), pp.299-326. Jacoby, S.M., 1983. Union-management cooperation in the United States: Lessons from the 1920s.ILR Review,37(1), pp.18-33. Mussagy, I.H. and BigramoAllaro, H., 2016. Structural Change in Mozambique: Economic PerformanceBeforeandAftertheCivilWar.JournalofEconomicsandSustainable Development,7(11), pp.119-125. PetersondelMar,D.,1998.RegionandNation:NewStudiesinWesternUS History.Canadian Review of American Studies,28(1), pp.121-128. Rauchway, E., 2008.The Great Depression and the New Deal: A Very Short Introduction. Oxford University Press.