Question

The Panic of 1893 A. grew out of the Cleveland administration’s attempts at monetary reform. B. began with a drought in the Midwest. C. was blamed largely on Populist politics. D. triggered the nation’s most severe depression up to that point. E.grew out of a political scandal in the Cleveland administration.

Answer 1

Answer:

D. triggered the nation's most severe depression up to that point.

Explanation:

The Panic of 1893 began during the Gilded Age in America because the economy fell due to the financial crises. The panic began when the Philadelphia and Reading Railroad went bankrupt. The collapse of the company led to the fall of the investors who had invested in this company. The panic of 1893 triggered the depression in the nation.