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Dodgers
Dodgers asked in Arts & HumanitiesHistory · 7 years ago

5 POINT HISTORY QUESTION?

How did the Confederacy attempt to pay for the cost of fighting the Civil War?

2 Answers

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  • ammianus
    Lv 7
    7 years ago

    With cotton exports cut off by the Union blockade,the CSA government had little choice but to print large amounts of paper money.

    This inevitably led to significant inflation,which did serious harm to the Confederate economy during the civil war.

  • Lomax
    Lv 7
    7 years ago

    Like most nations - on credit.

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