The Influence of American Slavery on American Economy

Abstract

The only time in American history that the United States has ever fought against each other was the Civil War. How did the Civil War start? Why did the North abolish slavery? What impact did the Civil War have on the American economy? This paper analyzes the background of the American Civil War and the measures taken by the North and South during the war, and puts forward some opinions about the influence of the Civil War on the American economy. The Civil War was a watershed or a turning point in the development of American capitalist economy. However, the success of American economy in the 19th century was not decided by the sudden change brought by a "war" or a "revolution". It was actually the result of the long-term development of a variety of factors that could not be covered by the civil War, this study offers some references for the research of American economy.