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Influence of Civil War on Global Cotton Economy
? The American Civil War had a great influence on the cotton market all over the world. In the American Civil War, the core view of the southern slave owners was to maintain slavery and break away. They traded with the cotton merchants in Europe to strengthen themselves and improve their political strength, so the war began. Europe hoped that they would not erupt, so the shelling of Fort Sumter began. At that time, labor, land and credit constituted the cornerstone of the global cotton market. Why did the United States succeed? Because they have abundant labor and land, it is easy to provide raw materials, but these are all related to brutality through violent and unfair means.

? 1861April 12, the southern army opened fire on the federal army, leading to a global cotton raw material crisis. Cotton in other producing areas began to compete, but it was still not enough, so thousands of people began to lose their jobs and Britain, France, Germany and Russia began to suffer. This is a world-famous disaster, but it is the golden age of cotton merchants, who can earn profits and money through speculation. Forward trading has also begun to be institutionalized. The war modernized trade and established a formal futures market. Without cotton, it has become a national problem. Because of cotton, the strength of the country has been greatly improved. Because Britain wants to replace American cotton supply with India, or it is a transition. However, India's infrastructure is not perfect and cannot be formed in a short time. The British government has also begun to take measures to build infrastructure and reduce tariffs. Businessmen, manufacturers and countries are closely linked. /kloc-In the last 30 years of the 0/9th century, the era of India as the main supplier of raw cotton in the world has arrived. Global cotton began to reconfigure, the Ottoman Empire and Egypt also began to grow cotton on a large scale, and China, Mexico and Peru also began to occupy the world market.

? One obstacle to cotton planting is private capital, and local forces are unwilling to cooperate. As a result, cotton production in Africa, Central Asia and Argentina decreased. Let's talk about the American Civil War. For their own interests, the colonialists began to split the north and the south. The United States hoped to safeguard their economic interests by cooperating only with the South, but this idea failed. In the eyes of slaves, this separatist war is a war of liberation and a fight for the freedom of slaves. Some people are happy and others are worried, which is the nightmare of all cotton people. This time, the United States greatly affected the global economy, but the cotton empire was saved and the cotton capital group began to expand the supply of raw materials from other places. After the civil war, the labor system in the southern United States also changed. After the global reconstruction, it also changed the rural structure, and the global rural areas began to transform, and the non-capitalist social relations began to disintegrate.