An Outline of the Economic Development of the United States

The book An Outline of the Economic Development of the United States was written by author Edward Mead Earle Here you can read free online of An Outline of the Economic Development of the United States book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is An Outline of the Economic Development of the United States a good or bad book?

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Population ratio of 19-12 in favor of North.
2. Industrial conditions.
a. Overwhelming superiority of the North in production of manufactured articles.
b. South poorly equipped with the "sinews of war. " 3. Agriculture.
a. North supplied with abundance of food-stuffs.
b. South had specialized in "money crops" such as cotton and tobacco.
4. Transportation.
a. Northern railway mileage almost 2^ times that of South.
b. Better roads in North.
c. Rivers about equally divided.
d. Coastwise and ocean ...traffic in hands of North.
5. Importance of economic resources in final outcome of the Civil War.
West, Chap. LVI; Thompson, Chap. XVIII; Bogart, Chap. XVI.
XIV. ECONOMIC ADJUSTMENTS DURING THE CIVIL WAR A. Financial chaos at outbreak of the war.
1. Financial panic following the election of Lincoln.
2. Inadequacy of the system of taxation.
3. Lack of a national bank and the disorganization of state banking.
4. Inability of the government to borrow money even at exorbi- tant interest.
B. Financial reform to meet war-time expenditures.

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