What occurred between 1873 and 1879?
A) A U.S. economic expansion became the longest on record.
B) Federal spending increased for both the war and social programs at home.
C) The outbreak of war boosted employment to fight for the country and to make tanks, ships, aircraft, and the like.
D) 80 railroads went bankrupt and most of the nation's steel mills shut down.
E) Home prices declined and foreclosures rose, as more borrowers failed to make their mortgage payments.

Question

Quizplus · Accepted Answer

Between 1873 and 1879, 80 railroads went bankrupt and most of the nation's steel mills shut down, marking a major economic depression known as the Long Depression.

What Occurred Between 1873 and 1879