Video Discription |
Check Out Pt 2: The Rivalry That United America: https://www.youtube.com/watch?v=TOI4cnrMASg&feature=youtu.be
The Civil War was a watershed moment in American history, and its economic impact was profound. In this episode, we explore the rivalry between Salmon Chase and Abraham Lincoln, two of the most important statesmen of the era. We'll see how they ultimately worked together to save the Union.
We'll also discuss the economics of slavery, the economic circumstances that prompted the Civil War, and the financial ingenuity of Salmon Chase. We'll see how Lincoln financed the war, how the war affected the economy, and how the economics of emancipation helped to win the war.
This episode is a must-watch for anyone interested in the Civil War, economics, or American history. So sit back, relax, and learn how economics saved America!
In this episode, we'll set the scene for slavery by discussing how the economic system of the South was based on the exploitation of slaves. We'll also explain the economic circumstances that prompted the Civil War, including the growing sectional divide over slavery and the economic impact of the Industrial Revolution.
We'll then discuss the financial ingenuity of Salmon Chase, who was responsible for financing the Union war effort. Chase was a brilliant economist, and he devised a number of innovative financial schemes that helped to keep the Union afloat.
Finally, we'll look at the 1864 election, where Salmon Chase was running against Lincoln. Chase was a strong supporter of emancipation, and he believed that the war could not be won without freeing the slaves. However, Lincoln was able to win the election, and he went on to lead the Union to victory.
This episode is a fascinating look at the economics of the Civil War, and it shows how economics played a critical role in the outcome of the war. So sit back, relax, and learn how economics saved America!
I hope this helps!
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Timecodes
0:00 Intro
1:01 Part 1: CAN YOU SEE WHATS COMING
2:11 ECONOMICS OF SLAVERY
3:08 CONSTITUTIONALITY OF SLAVERY
5:43 PART II: THE GREAT COMPROMISE
4:14 The Paris Peace Conference
6:34 The Fugitive Slave Act
9:45 Chase Creates The Republican Party
10:33 PART III: What Will Lincoln Do?
12:30 The South's Economy
5:23 Part I: The Need To Desire
6:38 Fear Of Overproduction
10:50 Part II: Let's Go Shopping
11:18 The Tricks That Saved US Cars
13:26 The American Breakfast is a Lie
15:30 Clothes Clothes Clothes
17:04 The Green Ball
21:00 A Rather Abrupt Ending
23:32 Next Time On Epic Economics |