based on the graph what can be said of how the civil war affected the US economy
1 answer
The graph shows that the US economy experienced a significant decline during the Civil War, with output dropping sharply around 1861-1863. This indicates that the Civil War had a negative impact on the economy, likely due to the disruption of trade, destruction of infrastructure, and loss of human capital caused by the conflict. However, the economy began to recover after the war, with output increasing steadily in the post-war years. This suggests that the economy was able to recover and grow following the end of the Civil War.