Answer:
Despite the North's greater population, however, the South had an army almost equal in size during the first year of the war. The North had an enormous industrial advantage as well. At the beginning of the war, the Confederacy had only one-ninth the industrial capacity of the Union. The Vietnam War severely damaged the U.S. economy. Unwilling to raise taxes to pay for the war, President Johnson unleashed a cycle of inflation. The war also weakened U.S. military morale and undermined, for a time, the U.S. commitment to internationalism.U.S. gross domestic product by year reveals that the war boosted the economy out of a recession caused by the end of the Korean War in 1953. Spending on the Vietnam War played a small part in causing the Great Inflation that began in 1965. 29 But so did spending on the War on Poverty and other LBJ social programs.
Explanation:
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