The Panic of 1837

Multiple Choice

The Panic of 1837:

A) inspired a more vigorous labor movement in the decade that followed.
B) led to a relatively mild economic downturn that resolved itself by 1839.
C) can only be blamed on Andrew Jackson's veto of the bill to recharter the Second Bank of the United States.
D) was caused,in part,by a decline in British demand for American cotton.
E) helped farmers,because the cost of transporting goods to markets fell.