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.
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