Civil War.

If you had been put in charge of the South at the end of the Civil War, what practical policy could

you have implemented that would have enabled faster economic growth in the South before

1900?

In One Kind of Freedom, Ransom and Sutch explain slow economic growth as the product of

flaws in the economic structure adopted by the South after the War. Key flaws they identified

were the replacement of plantations by sharecropping and the replacement of banks in the

financing of agriculture by country stores. You should develop a policy that would have

meaningfully reduced the harmful effects of one or both of these flaws.

Keep the following in mind:

1. Your policy can (but is not required to) redistribute wealth or physical assets. This means

seizing property from some and giving it to others. However, this can only be done

once, at the very end of the war. Once reconstruction ends, this becomes impossible.

2. You cannot expect that the rest

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