The underlying cause of the Long Depression of 1873 was

Name: The underlying cause of the Long Depression of 1873 was
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The Long Depression of 1873 was caused by overproduction, which led to a glut of goods and falling prices. The expansion of the railroads and rapid industrialization had led to a surge in production, but demand had not kept pace with supply. This led to a decrease in profits and investment, which in turn caused a tightening of the money supply and a slowdown in economic growth.

The Underlying Cause of the Long Depression of 1873 Was