What caused the economic panic of 1873?
question 4 options:
several small banks in the south shut down because of postwar inflation
the federal government began printing paper money to pay off its war debts.
the u. s. treasury ran out of gold, prompting a run on banks across the country
bad investments by a large banking firm forced the company to declare bankruptcy

D. Bad investments by a large banking firm forced the company to declare bankruptcy. when the banking firm of Jay Cooke and Company, a firm heavily invested in railroad construction, closed its doors on September 18, 1873, a major economic panic swept the nation.

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