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Hundreds of banks closed, High Unemployment, and a five year depression

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Q: What were the Causes and effects of the panic of 1837?
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What was the causes of the Panic in 1837?

The federal government stopped accepting paper money for the purchase of land.


When was the following was a direct cause of the Panic of 1837?

There were a number of causes to the financial crisis known as "The Panic of 1837", including the economic policies of President Jackson and most of the banks of the area, ceasing payment in silver and gold.


When did the panic of 1837 occur?

It Occured on May 10, 1837


Financial panic Andrew Jackson responsible for?

Panic of 1837


What was the panic of 1937?

in all likelihood you're thinking of the panic of 1837.


How did the panic of 1837 affect the economy?

the panic of 1837 affected the nations economy by entering an economic depression where the business and unemployment fell to a very low level.


What was the economic condition following the Panic of 1837?

Depression


What did the panic from 1837 result in a large measure of?

l


What are Martin van Buren failures?

panic of 1837


What was direct cause of the panic of 1837?

The direct cause of the Panic of 1837 was the vetoing of the Bank Bull by president Andrew Jackson. This was a serious financial crisis in the United States.


What do you think Van Buren could have done to ease the panic of 1837?

What do you think Van Buren could have done to ease the panic of 1837?Read more: What_do_you_think_Van_Buren_could_have_done_to_ease_the_panic_of_1837


How did Jacksons Specie Circular of 1836 affect the economy of the us?

contributed to the great depression It contributed to the depression of 1837.