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Between 1862 and 1865, more than 60% of total revenue was created in this way. [36] While the North doubled its money supply during the war, the volume of money in the South increased 20 times over from 1861 to 1865, and prices soared. An item that cost one Confederate dollar in 1861 cost 92 of these dollars in 1865. [37]
The main prewar agricultural products of the Confederate States were cotton, tobacco, and sugarcane, with hogs, cattle, grain and vegetable plots. Pre-war agricultural production estimated for the Southern states is as follows (Union states in parentheses for comparison): 1.7 million horses (3.4 million), 800,000 mules (100,000), 2.7 million dairy cows (5 million), 5 million sheep (14 million ...
The history of the United States from 1865 to 1917 was marked by the Reconstruction era, ... it was a genuine attempt to lower the cost of living for American workers.
April 12, 1861 – May 26, 1865 [a] [b] (4 ... Many eligibles pooled their money to cover the cost of anyone drafted. ... As many as 100,000 men living in states ...
The cost of living calculator also breaks down the difference in typical costs between the two locations, including average rent and home prices. Let’s say you currently live in Joplin, Missouri ...
The federal minimum wage has been stuck at $7.25 since 2009, not even close to the buying power it once brought workers — which peaked all the way back in the 1960s.
Canals' shipping costs were between two and three cents per ton-mile, compared to 17–20 cents by wagon. [7] The cost of constructing a typical canal was between $20,000 and $30,000 per mile. [9]: 53 Only 100 miles of canals had been built in the U.S. by 1816, and only a few were longer than two miles.
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