Which of the Following Factors Did Not Cause the Panic

question 56

Multiple Choice

Which of the following factors did not cause the Panic of 1819?

• A)A drop in cotton prices.
• B)Competition from India and Egypt in the cotton market.
• C)Land speculation.
• D)Certificates of deposit.
• E)Unsafe lending practices.

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Definitions:

Organization

An entity composed of people and resources structured in a way to achieve specific goals, often through coordinated activities and processes.

Employee Surplus

A situation in which a company has more employees than needed, often leading to layoffs, reassignments, or other workforce adjustments.

Hiring Freeze

A temporary halt in the recruitment process, typically implemented to reduce costs or reassess staffing needs within an organization.

HRIS

Human Resource Information System, a software or online solution for managing an organization's human resources data and processes.