Panic of 1837 History Essay
5 pages (1250 words)
Following the panic of 1785, a further slump ensued, and another followed. In 1837, the young state endured its most solemn depression yet. This paper shall discuss the 1837 panic in detail. It will provide information on when the panic started, what happened during the period, on the effects it had, the reasons that caused it, and the way American passed it or, rather, recovered.