How the Civil War created the modern US economy

The Civil War was a pivotal moment in the history of the United States. The war was responsible for more American deaths than any other conflict, and it has played a continuous role in both the culture and economy of the US ever since.

During the course of the Civil War, the US national debt ballooned to 40 times its previous size. The cost of the war ushered in several new rounds of taxes to fund the war effort — changes that are still in full effect today.

The following graphic, from Norwich University’s Online Masters in Military History program, shows how the effects of the Civil War are still with the US today and how the war permanently changed the face of the US economy and federal spending.

nu_mmh_modern_economy

TOP ARTICLES
SpaceX launching a third top-secret satellite

SpaceX is launching a secretive mission this month. The mission, shrouded in secrecy, has some considering it may be for the CIA or the NSA.

This is how the Air Force will use prop planes on high-tech battlefields

The Air Force is looking toward a light-attack aircraft program, known as OA-X, to produce a plane that meets its needs and gets the job done.

A retired SEAL commander on how to stop thinking and 'get after it' every day

This former Navy commander has some excellent advice on how to jump start your day, and "get some" in order to make it as productive as possible.

Marines return to battle in 'old stomping grounds'

The Marines recall their "old stomping grounds" as they return to Fallujah and the surround areas of Al Anbar Province to battle a new enemy.

How Chinese drones are set to swarm the global market

China has stepped up it's drone game, and even though United States technology can still compete, China's drones are kind of really in demand.

That time two countries' Special Forces squared off in combat

In an area the size of the Falkland Islands, British and Argentine special operators were bound to run into each other at some point – a lot.

5 times pilots got in trouble for having fun in the sky

When pilots decide to do some fancy flying in their high-performance fighters, it can land them in trouble once they're back on the ground.

This is why Nazis dubbed these paratroopers 'devils in baggy pants'

"American paratroopers – devils in baggy pants – are less than 100 meters from my outpost line. I can’t sleep at night," wrote one German commander.

9 ISIS weapon fails that you have to see to believe

Many bad guys just want record themselves laying rounds down range for social media purposes — and we're glad they did. Laugh away, America!

US Army recruitment campaigns, ranked from worst to best

Advertising can really impact recruitment for the military. For better or for worse, here are some of the Army's most memorable slogans...