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The Panic of 1837

Question 110

Multiple Choice

The Panic of 1837


A) inspired a more vigorous labor movement in the decade that followed.
B) led to a relatively mild economic downturn that resolved itself by 1839.
C) was exclusively the product of Andrew Jackson's war on the national bank.
D) was caused, in part, by a decline in British demand for American cotton.
E) helped farmers, because the cost of transporting goods to markets fell.

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