How did the war affect the economicies of both north and south?

while the civil war benefited the northern economy it left the southern economy in absolutely terrible condition. The South, with its agricultural economy, lost its ability to exploit slave labor for profits, and  most battles occurred in Southern territory, leaving a lot of spans of agricultural land destroyed.

the correct answer is “opportunity cost”. opportunity cost is what a company misses out because it decided in one option over another one. in this case, the company decided to invest in building a factory so it gave up another possible benefit or profit in order to achieve success with the factory.  

trade-off is not the correct answer since it is a situation in which you accept losing something in return for benefits in other areas.

and finally, consequence is a general term used to accept what it comes when you make a decision. it can be a positive or negative consequence depending if the decision you took was the correct one.