Which of These Was Not a Cause of the Panic

Multiple Choice

Which of these was not a cause of the Panic of 1819,the first real economic depression in America?

A) Rapidly declining global demand for American farm products
B) The tightening of credit
C) The president's veto of the bill rechartering the Second National Bank
D) Europe's economic recovery
E) Dramatically lower purchases from Europe of U.S. cotton