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The North's Economic Boom...

What was the overall factor that led to the economic boom in the North during the war? How was there enough revenue created to not only supply and operate an enormous war on American soil but create a surplus of monies enough to build new factories, towns, cities, railroads, ships, etc. used for non-war use? How could thousands upon thousands of Northerner go on as if there was no war and increase their wealth and property, settle new lands, send large wagon trains to the west; market new products and inventions; keep customers buying in new department stores?...All this with a war going on.

I know one factor, the weather in Europe in 1861-1862. Crop failures in Great Britain and Western Europe drove corn and wheat exports from the American North in record amounts. Since cotton exports were embargoed by the South and Europe needed food more than cotton, American grain exports surpassed King Cottons export value during the war, helping the North's economy boom or explode in a very short time.

Does anyone have any input to what other factors contributed to the North's economic boom?

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David Upton

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The North's Economic Boom...
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Move to top before we fall off. *NM*
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Thats $7568.5 in todays money *NM*
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$6,054,800,000 *NM*
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The Rest of the Story
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WW II economic boom......
Re: WW II economic boom......