Question

The data are as follows:

in 1860, $0.6
in 1863, $1.2
in 1865, $2.55
in 1870, $2.5
in 1900, $2.2.
Dollar values are estimated.

Question
Use the image to answer the question.
Based on the graph, 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.
The Civil War cut the nation’s debt by about half.
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Answer 1

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

Explanation: debt rose from about $0.6 in 1860 to $2.55 by 1865 (more than quadrupling), and remained much higher afterward.