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fgiga [73]
3 years ago
13

Explain the causes and effects of the panic of 1837.

History
1 answer:
antiseptic1488 [7]3 years ago
6 0
The Panic of 1837 was influenced by economic policies of President Jackson. During this term, President Jackson then created the Specie Circular by the executive order and refused to renew the charter of the Second bank of the United States. Which was leading the government funds to be withdrawn from the bank. Hope this helps!
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