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Natalija [7]
3 years ago
5

The Panic of 1837:

History
1 answer:
Gala2k [10]3 years ago
5 0

Can only be blamed on Andrew Jackson’s veto of the bill to recharter

Jackson's explanations to the Senate when he refused the bank bill led to the Panic of 1837. Andrew Jackson, who Van Buren had obeyed as an administrator of the state, burned the national Second Bank of the United States by assigning governmental funds to more petite state banks. The Panic of 1837 was a commercial disaster in the United States that affected off a significant slowdown that persisted till the mid-1840s. Profits, Costs, and earnings went down while unemployment increased.

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There are several reasons experts believe the city of Cahokia disappeared such as:

  • It grew too large
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Experts also believe that other problems such as poor sanitation systems and enemies attacking may have also contributed to the inhabitants leaving.

In conclusion, Cahokia was large and thriving but faced many challenges that in the end led to it collapsing.

<em>Find out more at brainly.com/question/13269826. </em>

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