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

1 answer

Based on the data provided, it appears that the U.S. economy was significantly affected by the Civil War, particularly in terms of national debt. Given the options, the most accurate response would be:

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

This statement reflects the understanding that wartime expenditures typically lead to increased national debt, which aligns with historical accounts of the Civil War's financial impact on the United States.