Asked by Chantel Davis on Jun 27, 2024
Verified
The 1873 depression strengthened the North's resolve to ensure the success of Reconstruction because the depression really hurt the South's farmers, highlighting the need for reform in the region.
1873 Depression
A severe economic downturn that began in 1873, known as the Long Depression, characterized by widespread bank failures, unemployment, and a slowdown in industrial production.
North's Resolve
Refers to the determination and steadfastness of the Northern states during the American Civil War in their commitment to restore the Union and end slavery.
South's Farmers
Refers to agricultural laborers and farm owners in the southern United States, historically known for crops like cotton and tobacco.
- Assess the economic impact of the 1873 depression on the South and its implications for Reconstruction efforts.
Verified Answer
Learning Objectives
- Assess the economic impact of the 1873 depression on the South and its implications for Reconstruction efforts.
Related questions
In Response to the Panic of 1873, Many Debtors and ...
Which of the Following Statements Accurately Describes White Yeoman (Small) ...
Between Which Two Years Did the Nation Suffer a Staggering ...
Who Said Our Economy Seems Capable of Remaining in a ...
In the Republican Free Labor Vision of a Reconstructed South ...