Which of the following describes the Panics of 1873 and 1893?

1 answer:

5 0

The answer is C) The economy took a downturn because of overproduction, declining stock markets, and deflation


The Panic started due to economic problems in Europe, which reached the United States and impacted the The Northern Pacific Railway company, which then had an impact on government debt and eventually the failure of several banks.

Eventually, a chain reaction was created where jobs were lost, factories shut and a surge in unemployment.

The events started from the crashing of the Vienna Stock Exchange and eventually led to economic downturn in the great British Empire and the closure of the New York Stock Exchange for 10 days.

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All of these (all the options )mentioned below in the questions are example of Artifact

a branch of a tree found within an old house
a handwritten letter dated 1889
a piece of pottery found in a cave
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An artifact are the objects made or modified by man , that are found by an archaeologist during a archaeological drill

For Example : Fire cracked rocks,whole pottery, pot shards, stone tools, decorative and religious artworks, bones of the animals , human remains.

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a branch of a tree found within an old house
a handwritten letter dated 1889
a piece of pottery found in a cave
a horseshoe found in a horse pasture
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all of the above

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whether it is a first or subsequent marriage

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