In answering the question "Did the Civil War help promote economic growth and industrialization?" Hughes and Cain (2011) conclude that
A) the war, rather than being a major stimulus to industry, was actually a great drain that slowed U.S. economic development for a time.
B) the war was indeed a major stimulus to industry because it promoted the building of wartime factories and new technology, which then provided a basis for rapidly growing production levels when peace came.
C) the war was a setback for the South but a great stimulus for the North.
D) the war seemed to have had no overall impact on the economic growth of the nation.
Correct Answer:
Verified
Q16: Engerman's (1971)studies of the Civil War (1861-1865)'s
Q17: Printing money was the main method the
Q18: The Confederate government
A) failed to increase its
Q19: The Civil War's (1861-1865)impact on the growth
Q20: Sharecropping after the Civil War (1861-1865)was the
Q22: In the years immediately following the Civil
Q23: Even though reliable data is lacking,the Beard-Hacker
Q24: During the Civil War (1861-1865),hyperinflation occurred in
A)
Q25: Economic developments after the Civil War (1861-1865)in
Q26: The South suffered from a labor shortage
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