In answering the question “Did the Civil War help promote economic growth and industrialization?” Hughes and Cain (2011) conclude that
(a) the war, rather than being a major stimulus to industry, was actually a great drain that slowed U.S. economic development for a time.
(b) the war was indeed a major stimulus to industry because it promoted the building of wartime factories and new technology, which then provided a basis for rapidly growing production levels when peace came.
(c) the war was a setback for the South but a great stimulus for the North.
(d) the war seemed to have had no overall impact on the economic growth of the nation.
ANSWER
(a)
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