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What was the cause of panic in 1819?
Banks calling in loans they had made to farmers and businesses
What famous person lost his fortune in the Panic of 1819?
In 1819 Moses Austin's America bank failed, causing him to lose all of his fortune.
What was the najor cause of panic in 1819?
Banks calling in loans they had made to farmers and businesses
How did sectionalism develop in the antebellum era?
The panic of 1819, the rise of the West, and the Missouri Compromise
What effect did the panic of 1819 on farmers?
falling agricultural prices, foreclosure of farms, and a drop in land values.
What was one cause the panic of 1819?
One cause of the Panic of 1819 was that fewer exports going from America to Europe.
The federal government's western land policy during monroe's?
encouraged land speculation, which helped start the Panic of 1819
What was one cause on the panic of 1819?
One cause of the Panic of 1819 was that fewer exports going from America to Europe.
Who was the president of Mexico in 1819 and what did he do to help in that crisis?
James Monroe was the president durin the panic of 1819
What was the federal government's western lands policy during James Monroe's presidency?
encouraged land speculation, which helped start the Panic of 1819
First severe depression since 1790?
Panic of 1819
What were the results of the panic of 1819?
Led to the establishment of the US dollar.
An event which did not contribute to the panic of 1819 was?
Stabilization of currency by the national bank.
What was the cause of panic in 1819?
Banks calling in loans they had made to farmers and businesses
What famous person lost his fortune in the Panic of 1819?
In 1819 Moses Austin's America bank failed, causing him to lose all of his fortune.
Why did the Panic of 1819 keep people from coming to the US?
There weren't many jobs available.
What was the najor cause of panic in 1819?
Banks calling in loans they had made to farmers and businesses
