The Confederacy financed its war effort primarily through

Question

Quizplus · Accepted Answer

The Confederacy printed money, which led to significant inflation and a decrease in the value of Confederate currency. This was seen as a short-term solution and was not sustainable in the long run.

Answer: C
 Selling bonds was another way the Confederacy financed its war effort. The bonds were often sold to civilians, and the government promised to pay back the funds with interest after the war. However, this method of financing also had limitations, as there was a finite amount of money that the public could invest in bonds.

Answer: D
 The Confederacy also sought foreign loans, primarily from European countries such as Britain and France. However, this source of financing was limited as foreign governments were hesitant to support the Confederacy, especially after the Emancipation Proclamation was issued.

Therefore, the best answers are A and C as they are the primary methods used by the Confederacy to finance its war effort.

The Confederacy Financed Its War Effort Primarily Through