Compare And Contrast Civil War And Confederate

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The Civil War on the other hand, was a period in American history that was marked by great inflation, on both sides of the conflict. Both the Union and Confederacy were faced with the urgent need to generate large quantities of funds to pay for the exorbitant costs involved in prosecuting the ongoing war. Both governments then resorted to the same tactic in order to acquire the funds they so desperately needed to continue to fund their respective militaries. They simply printed more money as they needed in order to pay their outstanding debts. The difference, however, was that the Union’s currency was backed by a gold and silver standard. The Confederacy, by comparison, was a brand new government with a weak central government, and was not