Multiple Choice
All of the following are true statements about the Panic of 1837 except
A) Several hundred banks in New York City shut down.
B) It was the worst depression in U.S. history, except for the Great Depression of the 1930s.
C) People in the western territories were spared from the worst effects of the crisis.
D) Land speculation and paper currency issues helped trigger the economic downturn.
E) The Specie Circular was a major contributing factor.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: In the election of 1824,when none of
Q11: During the election of 1828,incumbent president John
Q12: Describe the changes in the way political
Q13: As the president of the Second Bank
Q14: What were the events that led up
Q16: Which of these was not a cause
Q17: In 1824,Jackson and his supporters referred to
Q18: Which of the following concepts was not
Q19: President Jackson distrusted the National Bank because<br>A)
Q20: Even as states began to drop property