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Blacks eagerly signed up for service in the army and navy after the Emancipation Proclamation was issued. Describe the life of a black soldier. How did it differ from the experiences of black sailors? Overall, how important were black servicemen in the outcome of the war? Finally, discuss what fighting in the war meant to these men.
Equity
The concept of fairness in economics, typically referring to ownership interest in a company or property, or the idea of justice in distribution of wealth or resources.
Command Economy
An economic system where the government controls the major aspects of production, distribution, and exchange of goods and services.
Central Planning
An economic system where all major production, investment, and distribution decisions are made by a central authority, typically the government.
Free Enterprise
An economic system in which private businesses operate in competition and largely free of state control, with minimal government intervention.
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