Question

What caused the economic panics in the 1800's

Answer 1

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Your answer would be:

“The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices, and wages went down while unemployment went up. ... Banks collapsed, businesses failed, prices declined, and thousands of workers lost their jobs.”

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Answer 2

Banking cries was the biggest economic panics during the 1800's