Which of the Following Groups Benefited from the Civil War

question 43

Multiple Choice

Which of the following groups benefited from the Civil War (1861-1865) ?

• A) Wage earners who suffered declining real earnings as wages lagged behind the inflation
• B) Those groups issuing bonds during the war
• C) Those farmers whose crops and farm animals were destroyed
• D) Slave owners who parted with their property without compensation

---

Definitions:

Journal Entries

Records of financial transactions in the accounting system, ensuring each transaction is accurately logged.

Interest

The charge for borrowing money or the income earned on deposited funds.

Payments

Monies that are paid out or are to be paid out by one party to another as compensation for goods or services, or as repayment of an obligation.

Bonds at Premium

Bonds sold for an amount higher than their face value, typically occurring when the coupon rate is above the current market rate of interest.