Between the Mid-1840s and the Mid-1850s, the American Economy

Multiple Choice

Between the mid-1840s and the mid-1850s, the American economy

A) experienced one of the most remarkable periods of growth in the history of the world.
B) continued to stagnate as the result of the Panic of 1837.
C) reflected the general mood of caution and pessimism.
D) suffered a series of severe depressions which halted and reversed previous economic progress.