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Olenka [21]
3 years ago
10

What caused the economic panics in the 1800s?

History
2 answers:
san4es73 [151]3 years ago
8 0

The supply of goods exceeded the demand. hope this helps brainiest please

White raven [17]3 years ago
5 0

<em><u>Answer:</u></em>

  • The supply of goods exceeded the demand.

<em><u>Explanation:</u></em>

The economic panics were caused by a fall in cotton costs. A withdrawal in credit concurred for the issues in the cotton market, and the American economy was extremely influenced.

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