Question

please help! What was a major cause of the Panic of 1819?

A. Too many new factories opening and hiring farm workers
B. Banks calling in loans they had made to farmers and businesses
C. High demand for American products in European countries
D. A demand for soldiers and sailors to increase America's armed forces
apex!

Answer 1

Answer:

B.

Explanation:

Banks throughout the country failed which caused mortgages to foreclose and forced people out of their homes and farms.

Answer 2

Answer:

B. Banks calling in loans they had made to farmers and businesses.

Explanation: