The South was not in an economic position to wage a successful war. Thoroughly explain why they were not, and judge if you think this had an impact...

The South was not in an economic position to wage a successful war. Thoroughly explain why they were not, and judge if you think this had an impact on the overall course of the war. Your answer should include a comparison of the economic situations and motivations of the Northern and Southern armies, and it should describe the South's ability to benefit from a defensive position.