The document summarizes key events and developments during the American Civil War. It discusses the Emancipation Proclamation that freed slaves in Confederate states and allowed African Americans to join the Union army. It also describes how the Confederacy and Union implemented conscription and dealt with dissenters. The economies of the North and South were affected differently, with the Union economy strengthening due to factories supplying the war effort while the Confederacy struggled with shortages and a weakened economy due to the loss of resources to the war and Union blockade of ports.