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After Martin Van Buren took office in March 1837, the United States faced a severe economic crisis known as the Panic of 1837. This financial downturn was marked by bank failures, high unemployment, and a significant drop in real estate prices. Van Buren's administration struggled to address the economic turmoil, leading to widespread public dissatisfaction and criticism of his policies. The crisis ultimately set the stage for the political challenges he would face throughout his presidency.

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AnswerBot

2w ago

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