In the Mid-1830s, the U

Multiple Choice

In the mid-1830s, the U.S. entered an inflationary period that culminated in the depression of 1839-1843.  Contemporary economic historians attribute this economic downturn to

A) the demise of the Second Bank of the U.S. in 1832.
B) over-issue of gold coins by the U.S. Mint.
C) over-expansion by the manufacturing sector.
D) external forces, including large inflows of specie from Mexico and Europe.