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Asked in History of the United States
What was the panic of 1837 caused by?
The panic of 1837 was caused by the lack of supporters of the Jackson side. Later when president Van Buren took office the Panic of 1837 emerged. At the time Jacksons banking policies and his unsuccessful plan to curb inflation contributed to the panic. But people blamed Van Buren. Writen by an Arsenal Lover ...
Asked in US Presidents, William Henry Harrison
How might the panic have contributed to the election of William Henry Harrison in 1840?
The incumbent president, Martin Van Buren was held responsible by some, somewhat justifiably, for the financial Panic of 1837-- he surely lost some votes for that reason. ...
Asked in Industrial Revolution
The industrial revolution contributed to the panic of 1819 by?
By encouraging production, new inventions, and businesses using bank loans, which many could not repay ...
How did Jacksons Policies contributed to the Panic of 1837?
They were directly related to the economic panic of 1837 since he destroyed the bank of the US that could easily transfer money between areas that were in flush with cash to areas that were short on cash. Jackson took the money from the Bank of the US and put it in state banks that coincidentally had Jackson on the Board of Directors. These state banks also contributed by printing their own money and increasing inflation. ...
Asked in Anxiety Disorders
What is worse a panic disorder or panic attack?
I believe a panic disorder is worse than a panic attack.You can have a panic attack once but when you start having recurrent panic attacks and it begins to affect aspects of your life it becomes a panic disorder. Here is a link to a useful article on this http://treatpanicattacks.info/panic-attack-disorders/ ...
What was the panic of 1853?
There was no Panic of 1853 but there was a Panic of 1857. It was a panic of a financial matter that was caused by the over expansion of the domestic economy and the decline of the international economy. ...