iyannahayes25 iyannahayes25
  • 20-11-2017
  • History
contestada

what caused the economic panics in the 1800's

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Аноним Аноним
  • 20-11-2017
Hello,


Your answer would be:

“The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices, and wages went down while unemployment went up. ... Banks collapsed, businesses failed, prices declined, and thousands of workers lost their jobs.”

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Hope this helps!
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kaylasue32 kaylasue32
  • 20-11-2017
banking cries was the biggest economic panics during the 1800's
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