Reconstruction and Economic Transformation in the South

This chapter explores the economic history of the South post-Civil War, emphasizing the societal challenges faced by Southern families amid significant financial changes. It discusses the transition from decentralized currency to federal fiat money and the role of the Bank of the United States in facilitating large business projects like the railroad. The narrative also highlights the complexities of Reconstruction policies, particularly regarding the Black population, and the implications of corrupt practices among private businesses and government officials.