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marta [7]
3 years ago
5

How did the economic Panic of 1819 help to advance the cause of the American System?

History
1 answer:
natta225 [31]3 years ago
5 0
The Panic of 1819 was the first major peacetime financial crisis in the United States followed by a general collapse of the American economy persisting through 1821. The Panic announced the transition of the nation from its colonial commercial status with Europe toward an independent economy.
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