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Economic Cause Of War

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Recommended: Impact of American civil war on economic social and political

The basic cause of modern war is the international confrontation from capitalism and the capitalist class's domination of the world's resources. Take World War II as an example, different scholar have long recognized the role of economic resources and organization in determining the cause of World War II, the Nazi economy lacked the economic resources and organization to oppose the jointed force of the U.S., U.K., and U.S.S.R.(Economic Causes of War. (n.d.). Retrieved December 1, 2014, from http://www.worldsocialism.org/spgb/education/depth-articles/history/economic-causes-war) It is never surprised that economic can always be a factor that lead to war but at the same time it is also a cause of peace. What kind of economic factors will be both …show more content…

In 18th century, before the rise of modern capitalism, the nature of war was very different from the war during the ancient times. War was no longer to defeat someone with the purpose of eliminating another. The aim of war was to determine who should rule the nation. Under the system of the means of production and free enterprise, it is never a concern of citizen whether his/her country is big or not after invading others. Because they will not get any profit from it. Therefore, liberals said that there will not be any war under a system of economic laissez faire and popular government. Wars would become obsolete because the causes for war would disappear. However, according to Ludwig von Mises, the acknowledged leader of the Austrian School of economic thought, he thought that democracy and free trade should be consisted at the same time. As democracy cannot be maintained when free enterprise, free trade and economy freedom do not exist. (Mises, L. v. (Director) (1944, October 1). Economic Causes of War. Lecture conducted from , California .) Therefore, ordinary citizen would not satisfy with it and eventually economic causes of …show more content…

The U.S. civil war from 1861 to 1865 is a great example to explain the economic factors which lead to war. The economic difference between the North and South led to war. With the invention of cotton gin on March, 14th, 1794 by Eli Whitney, the cotton gin made the south industry salary explode.(Rosenberg, J. (n.d.). Are We at Risk For Another Great Depression? Retrieved December 1, 2014, from http://history1900s.about.com/od/1930s/p/greatdepression.htm) Due to the success of cotton gin, the South only relied on cotton to make profit. A U.S. senator from South Carolina said “cotton is king!” in 1859. (C. Willis, J. (n.d.). James Henry Hammond, "Cotton is King" Retrieved December 1, 2014, from http://static.sewanee.edu/faculty/Willis/Civil_War/documents/HammondCotton.html) South relied heavily on cotton has lead to a fatal destiny. To grow cotton from crops, it required numerous of cheap labor like slaves. Therefore, the southern economy became an unidirectional economy, depending on cotton and thus on slave. On the other hand, the northern economy relied their economy on industry. People in north worked together no matter where they from and what culture they were. The north wanted to free the slave as their economy focus did not require slave while south needed to use slave. The difference between on focusing their economy caused

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However, following the Civil War, a new economy was born in the United States, mainly relying on steam-powered manufacturing, the transcontinental railroad, the electric motor, and the practical application of chemistry. Unlike the pre-Civil War economy and business, this new one was dependent on raw materials from around the world and it sold goods not only in Europe, but all around the world. After the Civil War, business organization also expanded in size and scale. As far as industrial changes go, the period after the reconstruction era was affected in that it used more modern methods to make goods that could be sold faster and more efficiently, with the new railroad system. By the beginning of the 20th century, the nation’s industry would be mainly fueled by banking, manufacturing, meat packing, oil refining, railroads, and steel, as opposed to the pre- Civil War era, in which many people were still farmers or factory

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The invention of the cotton gin created a market for cotton that the planters could hardly supply without cheap labor. Almost every available acre was brought under cotton culture as the small farmers were driven into the West. The demand for slaves to work the fields was enormous. This led to the development of the plantation system of the Far South and Southwest, where masters were near constantly extending their holdings of lands and slaves. Efforts to form new slave states were common, most prominent of these efforts was that to annex Texas.

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Imperialism had taken over with increased wealth, trade, and industrialization among powerful nations. Many of the colonies that countries had were used to help in war. This caused much anger among colonies that were forced to fight in World War I. According to document F, a chart representing the size of colonies and who they belonged to in 1913 (a year before the war), Britain was the richest in colonies. Britain held 12,740,000 square miles of colonial land and a population 400,000,000 people living in those colonies.

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Now that the South doesn’t need their [Great Britain’s] support selling cotton to them is not necessary [Great Britain isn’t supporting them at this point]. It is not necessary because now that Great Britain isn’t doing its part, the South isn’t supplying them with cotton. European countries outlawed slavery and started to support the Union. This shows how the cotton diplomacy failed to

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Slavery was typically only found in the south, while those in bondage grew tobacco or cotton, which were the best southern growing cash crops (Doc. 1). In the North, cash crops could not flourish, like in the South’s hotter, drier climate (OI). Instead, factories began popping up, surrounded by cities (Doc. 1). Population grew, and with it, diversity (OI). Abolitionists began to protest, with followers, and the belief against slavery spread in the North like wildfire (OI).

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The South had very little industry. It was based off of an agrarian economy (Document B). Slaves picked cotton off the plantation and the farmers sold the cotton to make money (Document A). The Southern weren't able to keep their money without slaves working for free. Slavery was vital in the South for the economy.

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This caused plantation owners to treat their slaves even worse. Slavery was the catalyst that sparked Civil War. Subsequently, the efficiency of the cotton gin had the negative impact of increasing the slavery population in America. Southerners became extremely affluent by joining the cotton industry so they were stubborn about maintaining their slaves. When the Abolitionists proposed nullifying slavery, the Southerners decided to secede (Wise).

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Taylor Price Tensions of Vietnam The Vietnam War was one of the most protested and hated wars ever fought by the United States. Though the end of previous wars were celebrated by civilians and soldiers alike, the Vietnam War never came to a victorious resolution. The soldiers of previous wars were loved and thanked for their service, while some Vietnam veterans felt ignored and even hated.

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The Southern and Northern states differentiate on many issues, which ultimately led them towards a Civil War. There stood deep social, economic, and political disparities between the North and the South. These modifications stemmed from the understanding of the United States Constitution on both sides. In the end, most of these disputes about the rights of states directed to the Civil War. There existed reasons other than slavery on behalf of the South 's breakaway.

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Notably, economic causes were major predicaments during the American civil war. These were the grounds of the civil war that affected the two regions in many ways. Within time, economic variations developed vastly between the two parts of the two regions. The Southern states depended much on farming than in industrialization. After the invention of the Cotton Gin, there as a greater necessity for persons and property, thus this made cotton the chief year’s produce of the South.

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Industrialization after the Civil War One of the most remarkable consequences of the Civil war was the industrialization of the United States, which transformed the economy of the country. While certain industries, such as textiles and clock making saw industrialization during the first half of the nineteenth century, it was not until the Civil War that industrialization spread throughout America. The Civil War spurred the process of industrialization and encourages new production techniques that would have the greatest impact after the end of the war. Some of the significant reasons for the delay of industrialization of America after the Civil War were social, economic, political, geographic and legal reasons. The industrialization affected various groups of the society belonging to distinct races and ethnic backgrounds.

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World War 2 was a hard time in our nation’s history, it could be said that it was a big part of our global history. There were so many factors that contributed to the cause of World War 2. These factors fell into three categories such as economic, political and ideology. Politics had a strong role in World War 2. Russian had wanted to promote capitalism.

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One of the several factors that helped cause the Civil War was the economy at the time. While the economy wasn’t in bad shape, the North and South were different and had very different views and ideas about their futures. The Northern area couldn 't have huge farms like the South. However, they were very diverse in the items they wanted to produce.

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Before indicating difficulties, that may arise out of the presentation of greed and grievance as separated and even contradicting, some possible reasons why that narrative is applied at all will be discussed. Keen states regarding this, that “the tool drives the analysis instead the other way around”. This is not unrealistic, as by a closer examination it becomes clear that most proxies do fit into both lines of argumentation, but were squeezed by Collier and Hoeffler into the greed model, perhaps in order to justify economical interventions, liberalization and investments. One example for this is the proxy peace duration, which was used as indicator for low cost of conflict-specific capital, while it however also could be a proxy for the grievance-approach,

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