Ask Question
HistoryHistory
30 March, 14:19

What was a immediate cause of the panic of 1837

+3
Answers (1)
  1. 30 March, 14:24
    0
    President Andrew Jackson, in effect, caused the Panic of 1837 by ending the bank of the United States while also issuing an executive order, known as Specie Circular, that required government land to be purchased with gold or silver.

    Jackson's actions dried up credit in the US causing the panic.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What was a immediate cause of the panic of 1837 ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which of the following was included in Reagan's platform during the 1980 presidential election? A. a larger federal government B. a decrease in defense spending C. a strengthened focus on the fight against communism D. an increase in taxes
Answers (1)
How old was Frederick Douglass when he wrote this narrative?
Answers (1)
Which idea is the driving force of the free enterprise system?
Answers (1)
Which ruler declared himself the first sultan of the Delhi sultanate?
Answers (1)
When does government regulate producers in a mixed-market economy? A. Always B. as needed C. as required D. never
Answers (1)
New Questions in History
List and explain the motives behind expansion into texas oregon and maine.
Answers (1)
What were the three main reasons the Europeans explored new lands?
Answers (1)
Which 17th century astronomer kept a roughly 20 year continuous record of the positions of the Sun, Moon, and planets?
Answers (1)
What did Roosevelt believe was the key to world peace
Answers (1)
The military nobility and the ruling class of warriors who pledged allegiance to the shogun were called A. the bushido. B. the kamikazes. C. the samurai. D. the Daimyo.
Answers (1)
Home » History » What was a immediate cause of the panic of 1837
Sign Up Forgot Password?