History, 31.03.2020 21:37 2643050

What was the cause of the panic in 1837

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Answer from: brooklynunderwood46

economic policies because of president Jackson

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Answer from: Ashwaf23474

The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices, and wages went down while unemployment went up. Pessimism abounded during the time. The panic had both domestic and foreign origins. Speculative lending practices in western states, a sharp decline in cotton prices, a collapsing land bubble, international specie flows, and restrictive lending policies in Great Britain were all to blame.[1][2] On May 10, 1837, banks in New York City suspended specie payments, meaning that they would no longer redeem commercial paper in specie at full face value.[3] Despite a brief recovery in 1838, the recession persisted for approximately seven years. Banks collapsed, businesses failed, prices declined, and thousands of workers lost their jobs. Unemployment may have been as high as 25% in some locales. The years 1837 to 1844 were, generally speaking, years of deflation in wages and prices.[4]

Answer from: Quest

i don't see how you want other people to do your work for you and it is like you are just handing your assignment to anybody else and having them deal with it instead of your self i thought this site was for asking questions and somebody could you on it not just handing your work to somebody else to deal with it just saying don't mean to be mean just proving a fact.

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Answer from: Quest

the ss was the main organization responsible for the genocidal murder of around six million people of european ethnic minorities, essentially jews, in the holocaust. the members of all its branches committed war crimes and crimes against humanity during the second world war (1939-1945). likewise, the ss were involved in commercial enterprises and exploited the inmates of the concentration camps as slave laborers.

the tortures and assassinations committed by the ss were the result of an ideology developed long before the armed conflict, this ideology was based on the racial supremacy of the germans over the rest.

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