The Panic of 1837 Was Caused by All of the Following

question 85

Multiple Choice

The Panic of 1837 was caused by all of the following except

• A) excessive speculation.
• B) Jackson's banking and financial policies.
• C) financial problems abroad.
• D) failure of wheat crops.
• E) taking the country off the gold standard.

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Definitions:

Social Institutions

Organized structures and systems in society that dictate certain patterns of behavior and relationships, such as family, education, religion, and economy.

Impact

The action of one object coming forcibly into contact with another, or a marked effect or influence of something.

Structure

The arrangement or organization of related elements in a system or entity, often providing stability or support.

Organic

In sociology, describes societies that function like a living organism with complex, interdependent systems; in agriculture, refers to food produced without synthetic pesticides or fertilizers.