For former slaveowners,defeat in the Civil War brought

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The Emancipation Proclamation and the end of the Civil War meant that former slaveowners lost their investments in human property, which totaled an estimated $2 billion. This led to economic hardship for many former slaveowners, and was a significant factor in the economic struggles of the South in the post-war period. While some former slaveowners may have had other reactions to their defeat, such as regret or anger, the loss of their investment in slaves was a widespread and significant consequence.

For Former Slaveowners,defeat in the Civil War Brought