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The Legacy of the War Chapter 11 Section 5

The Legacy of the War Chapter 11 Section 5. Political Changes. Ended threat of secession Increased power of Federal govt Federal income tax Draft Required everyone to accept federal currency. Economic Changes. Govt helped build a national railroad system

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The Legacy of the War Chapter 11 Section 5

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  1. The Legacy of the WarChapter 11 Section 5

  2. Political Changes • Ended threat of secession • Increased power of Federal govt • Federal income tax • Draft • Required everyone to accept federal currency

  3. Economic Changes • Govt helped build a national railroad system • National Bank Act of 1863: made banking safer • Economy in North boomed • Economy in South was devastated

  4. Effects of the War • Human costs • Union: 360,000 soldiers killed • Confederacy: 260,000 killed • Economic costs • $3.3 billion • Debt & veterans pensions • African Americans became free: 13th Amendment

  5. Loss of Lincoln • Assassinated April 14, 1865 • Shot by John Wilkes Booth at Ford’s Theatre

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