Worksheets and No Prep Teaching Resources
Worksheets and No Prep Teaching Resources
Reading Comprehension Worksheets
Economics
The Civil War
(1861-1865)

The Civil War and Inflation

Economics
Economics


The Civil War and Inflation
Print The Civil War and Inflation Reading Comprehension with Fifth Grade Work

Print The Civil War and Inflation Reading Comprehension with Sixth Grade Work

Print The Civil War and Inflation Reading Comprehension


Reading Level
     edHelper's suggested reading level:   grades 5 to 8
     Flesch-Kincaid grade level:   5.91

Vocabulary
     challenging words:    famishing, notes-paper, principally, economy, finance, ranks, confederate, economic, government, inflation, sympathy, militia, circulation, affects, rate, wealth
     content words:    Civil War, United States, In May, By January, In April, Richmond Bread Riot, New York, President Jefferson Davis


The Civil War and Inflation
By Cindy Grigg
  

1     War affects a country's economy. Government spending for weapons and supplies causes a rise in demand for other goods. Workers who leave jobs and go off to war cause a decrease in supply. As a result, prices rise quickly. This is called inflation. In the Civil War, economic inflation was a problem in the North. But it was even worse in the South.
 
2     The Southern states owned about one-third of the wealth in the United States. Most of the money in the South was tied up in land and slaves. Southerners had very little cash or gold available to buy things they needed. This was true of the Southern government as well. The South tried to finance the war through bonds and treasury notes-paper without any gold or money to support it. In May 1861, one dollar's worth of gold cost $1.10 in Richmond, Virginia. By January 1864, one dollar's worth of gold cost $20.
 
3     As the war carried on without end, the Southern government printed more money. Too much money in circulation caused prices to rise. Shortages of food and supplies forced the rate of inflation higher. A Richmond newspaper estimated that it cost $6.55 in 1860 to feed a small family. In 1863, it was estimated to cost $68.25 to feed the same family.

Paragraphs 4 to 7:
For the complete story with questions: click here for printable



Weekly Reading Books

          Create Weekly Reading Books

Prepare for an entire week at once!


Feedback on The Civil War and Inflation
Leave your feedback on The Civil War and Inflation  (use this link if you found an error in the story)



Economics
             Economics


The Civil War
(1861-1865)

             The Civil War
(1861-1865)



Social Studies
             Social Studies


    United States History and Theme Units  
 
    American Government  
 
    Ancient America  
 
    Ancient China  
 
    Ancient Egypt  
 
    Ancient Greece  
 
    Ancient India  
 
    Ancient Mesopotamia  
 
    Ancient Rome  
 
    Biographies  
 
    Canadian Theme Unit  
 
    Country Theme Units  
 
    Crime and Terrorism  
 
    Economics  
 
    European History: 1600s-1800s  
 
 
    Explorers  
 
    Famous Educators  
 
    Geography  
 
    Grades 2-3 Social Studies Wendy's World Series  
 
    History of Books and Writing  
 
    History of Mathematics  
 
    How Can I Help?  
 
    Inventors and Inventions  
 
    Middle Ages  
 
    Renaissance  
 
    World Religion  
 
    World War I  
 
    World War II  
 
    World Wonders  
 


United States
             United States


    American Government  
 
    Black History and Blacks in U.S. History  
 
    Children in History  
 
    Government Careers  
 
    Hispanic Heritage  
 
    How Can I Help?  
 
 
    Immigration  
 
    National Parks and Monuments  
 
    Native Americans  
 
    Presidents of the United States  
 
    Women's History  
 


United States History
    A Nation Divided
(1840-1861)
 
 
    A New Nation
(1776-1830)
 
 
    After the Civil War
(1865-1870)
 
 
    American Revolution  
 
    Cold War
(1947-1991)
 
 
    Colonial America (1492-1776)  
 
    Lewis and Clark
(1804-1806)
 
 
    Pearl Harbor  
 
    Spanish American War (1898)  
 
    The 1890's  
 
    The 1900's  
 
    The 1910's  
 
    The 1920's  
 
    The 1930's  
 
 
    The 1940's  
 
    The 1950's  
 
    The 1960's  
 
    The 1970's  
 
    The 1980's  
 
    The 1990's  
 
    The 2000's  
 
    The Civil War
(1861-1865)
 
 
    The Great Depression
(1929-1945)
 
 
    The United States Grows
(1865-1900)
 
 
    The War of 1812  
 
    Wild, Wild West  
 
    World War I
(1914-1918)
 
 
    World War II  
 


50 States

             Fifty States Theme Unit


Document Based Activities
      Document Based Activities



Copyright © 2017 edHelper