"... until all the wealth piled by the bondsman’s two hundred and fifty years of unrequited toil shall be sunk ..." - Abraham Lincoln
The Civil War claimed the lives of more than 700,000 soldiers, but there was also an economic cost to the war in addition to a human cost. In the words of historian Murray N. Rothbard, “War has generally had grave and fateful consequences for the American monetary and financial system.”
In this challenging assignment, students will need to analyze and synthesize three different selections from primary sources, related to the Bank of North America and the Civil War. Students will then need to develop a thesis statement regarding the American economy during the Civil War.