0
The Panic of 1873 was when the E.W. Clark & Company bank (one of the biggest private banks) went bankrupt. As a result, it caused a chain-reaction of other bank failures and even a ten-day closing of the NYSE (New York Stock Exchange) starting September 20th.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
How old is a Winchester 1873 serial number 169xxx?
A Winchester Model 1873 with a serial number of 169xxx was manufactured in 1884.
What are the release dates for Plywood Panic - 1953?
Plywood Panic - 1953 was released on: USA: 15 October 1953
What are the release dates for Panic Button - 2013 II?
Panic Button - 2013 II was released on: USA: December 2013
The Democrats' hold on power in the 1890s was weakened by?
a financial panic. the depression of 1893. a weakening U.S. currency.
What are the ratings and certificates for Don't Panic Chaps - 1959?
Don't Panic Chaps - 1959 is rated/received certificates of: UK:U
What closed the banks in 1873?
The Panic of 1873 closed the banks.
What closed banks in 1873?
The Panic of 1873 closed the banks.
Which statement best describes the main cause of the Panic of 1873?
The Panic of 1873 began with the bankruptcy of Jay Cooke and Company.
What hurt the republican party?
The financial panic known as Panic of 1873
What statement was best describes the main cause of the panic of 1873?
The Panic of 1873 began with the bankruptcy of Jay Cooke and Company. A+ Learning.
Was the panic of 1873 blamed on the republicans?
yes
It followed the Panic of 1873?
it something that has to do with history
What industry employed the most workers in the Panic of 1873?
As the Panic of 1873 began to unfold, railroad companies employed the most people. Approximately 2 million jobs were in the railroad industry.
What resulted from the panic of 1873?
Economic problems and depression around the world
What result from the panic of 1874?
The things that happened after the panic of 1873 were the downfall of the Jay Cooke and Company in September 1973, and the Coinage act of 1873. Another thing that happened was the Great Railroad Strike in 1877.
What problems did the economic depression cause in 1873?
The Panic of 1873 caused an economic depression in the 1870s because banksacross the land closed .
What caused the panic of 1873?
investors took on more debt than they can afford.
