Asked by
Esteban Casillas
on Oct 16, 2024
Verified
What triggered the Panic of 1837?
A) the removal of Native Americans from the Southeast
B) Martin Van Buren's victory in the election of 1836
C) the protective tariff
D) the Seminole War
E) Jackson's war on the national bank
Panic of 1837
A financial crisis in the United States that led to a major recession, lasting until the mid-1840s.
National Bank
A bank chartered by a government and often given privileged control over the issuance and management of the country's currency and financial policy.
- Comprehend the societal, economic, and politicial influences that contribute to financial crises and downturns, with a focus on the Panic of 1837.
Verified Answer
CR
Learning Objectives
- Comprehend the societal, economic, and politicial influences that contribute to financial crises and downturns, with a focus on the Panic of 1837.