What was the Anoconda Plan during the Civil War?

There were four main parts to the Anaconda Plan, which,
incidentally, was a very sound military strategy by the North to win the war. The
problem was, it would take four years for them to achieve the four parts, when they
should have been able to finish it much earlier.

Part 1
called for blockading the South with the Union navy, preventing them from selling cotton
to England or getting needed war materials from other
countries.

Part 2 called for occupation of the entire
length of the Mississippi River, denying the South its only waterway for transportation
and splitting the South effectively in two.

Part 3 called
for a drive through the Shenandoah Valley into Georgia and to the ocean, splitting the
South yet again.

The final part called for the occupation
of the capital city of Richmond, and with it, the Confederate
government.