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Answer:
The Panic of 1837 was a financial crisis in the United States that touched off a major depression, which lasted until the mid-1840s. Profits, prices, and wages went down; unemployment went up; and pessimism abounded. The panic had both domestic and foreign origins.
Explanation:
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The plantation system brought about the fact that many slaves were needed to help 'run' (work in) the plantations, and soon, there were more african americans than whites in certain southern states.
Answer:
The Depression was actually ended, and prosperity restored, by the sharp reductions in spending, taxes and regulation at the end of World War II, exactly contrary to the analysis of Keynesian so-called economists. True, unemployment did decline at the start of World War II
