What Was a Result of the Panic of 1819

question 116

Multiple Choice

What was a result of the Panic of 1819?

• A) Many farmers and businessmen declared bankruptcy.
• B) Unemployment declined in eastern cities.
• C) Trust in banks increased.
• D) Many western states enlisted militias to collect debts.
• E) Political harmony increased.

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Definitions:

Institutional Support

Institutional support refers to the assistance and resources provided by organizations or institutions to individuals or groups, often to foster growth, development, or well-being.

Optimal Contact

A concept in social psychology that suggests there is an ideal level of interaction between individuals or groups to reduce prejudice and improve intergroup relations.

Stereotyping

The practice of attributing a fixed set of characteristics to members of a group, often oversimplifying their qualities or behaviors.

Positive Change

Alterations in the individual or environment that lead to improvements or advantageous outcomes.