what can be said of how the Civil War affected the U.S. economy?

(1 point)
Responses

During the Civil War, the nation’s debt grew by a large amount.
During the Civil War, the nation’s debt grew by a large amount.

By the end of the Civil War, the nation had begun to reduce war spending.
By the end of the Civil War, the nation had begun to reduce war spending.

The Civil War put the nation in as much debt as it had been in 75 years earlier.
The Civil War put the nation in as much debt as it had been in 75 years earlier.

The Civil War cut the nation’s debt by about half.

1 answer

The most accurate response regarding the economic impact of the Civil War is:

During the Civil War, the nation’s debt grew by a large amount.

The Civil War significantly increased federal debt as the government financed the war through loans and the issuance of bonds, leading to a substantial rise in the national debt.

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