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    Exam 11: Slavery Expands South and West
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    What Caused the Panic of 1837
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What Caused the Panic of 1837

Question 3

Question 3

Multiple Choice

What caused the Panic of 1837?


A) Cotton harvests in the South failed.
B) The South had a strong dependency on British investments.
C) Northern abolitionists cut ties with southern cotton producers.
D) The Bank of America called in its loans to southern planters.

Correct Answer:

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