Question

During the civil war, the north faced economic problems including,

Answer 1

The north faced inflation during the civil war. Inflation is a general increase in prices and fall in the purchasing value of money.

Answer 2

Answer : The correct answer is : The increase in inflation caused the bankruptcy of many companies, the agricultural economy suffered and declined, the economic uncertainty caused many companies to fail, there was a remarkable growth in unemployment, wages were very low, the need to replace slave labor.