One Cause of the Panic of 1819 Was

question 62

Multiple Choice

One cause of the Panic of 1819 was

• A) decreased foreign demand for American agricultural goods.
• B) restrictive credit practices prior to 1819.
• C) the announcement that year that dozens of new state banks were to be chartered.
• D) new management practices within the Bank of the United States.
• E) an English embargo of American goods.

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