asked 231k views
4 votes
Why was inflation so much higher in the south?why was inflation so much higher in the South ?

asked
User Spamguy
by
6.7k points

2 Answers

4 votes

Answer:

Most of the money in the South was tied up in land and slaves. Too much money in circulation caused prices to rise. Shortages of food and supplies forced the rate of inflation higher.

Step-by-step explanation:

answered
User Krulik
by
8.6k points
7 votes

Most of the money in the South was tied up in land and slaves. Too much money in circulation caused prices to rise. Shortages of food and supplies forced the rate of inflation higher.

answered
User PeresisUser
by
8.8k points

No related questions found