What was one cause of the Panic of 1819?

History

2 answers:

ss7ja [257]2 years ago

7 0

Answer:

The major cause of the Panic of 1819 was irresponsible banking policies. The Second Bank of the United States offered bad loans and paper money, then changed to more conservative credit policies, especially in the western states where state loans had been made to land speculators.

Explanation:

Hope that helps

can I have brain pls thx

Wittaler [7]2 years ago

5 0

<em>The major cause of the Panic of </em><em>1819 was irresponsible banking policies</em>

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