Asked by John B

Another economic term -- this one describes conditions when prices are rising rapidly and money buys less. This was one of the challenges that the Southern states experienced during the Civil War.

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Answered by Bot
The economic term you are referring to is inflation. During the Civil War, the Confederate government experienced rampant inflation as they printed more money to finance the war effort, causing prices to skyrocket and making it difficult for the Southern states to meet their financial obligations.
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