What resulted from the Panic of 1873?
O
A. A new Treasury Department
O
B. The complete failure of the American money system
O
C. Economic problems and depression around the world
O
D. Growing fear of African American leaders in government
SUBMIT

The Panic of 1873 became an economic disaster that brought on a financial melancholy in Europe and North the US that lasted from 1873 to 1877 or 1879 in France and in Britain. In Britain, the Panic started many years of stagnation called the "great depression" that weakened the USA's financial leadership.

In the USA, the Panic became referred to as the "super despair" till the events of 1929 and the early Thirties set a new fashion. The Panic of 1873 and the following melancholy had numerous underlying reasons for which monetary historians debate the relative significance.

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What resulted from the Panic of 1873? O A. A new Treasury Department O B. The complete failure of the American money system O C. Economic problems and depression around the world O D. Growing fear of African American leaders in government SUBMIT

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What resulted from the Panic of 1873?

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What resulted from the Panic of 1873?
O
A. A new Treasury Department
O
B. The complete failure of the American money system
O
C. Economic problems and depression around the world
O
D. Growing fear of African American leaders in government
SUBMIT