South During the Civil War - Essay Example

Due to this, their money used o get invested and tied up. The south was even engaged in producing other kinds of crops including rice and tobacco. Southerners even avoided participation in the industrial revolution which was welcomed and accepted by the Northern regions. The industries and the economy of the North were quite diversified as they were involved in the production of both finished as well as agricultural goods. Due to developed factories and industries, the North was able to develop the arms and ammunition required to wage a war. The South was even dependent on the North for finished goods and when the war started, the south realized that they lacked the resources needed to fight the war and their current sources of earning wealth were not properly structured (Millett, 2012, p.18). South even experienced a decrease in income as the importers of cotton such as Great Britain started importing from other nations such as India to remain neutral to both the North and the South. This event proves that the South did not have the money required to fight the war.