The Panic of 1837 was caused by all of the following factors EXCEPT:
A) the raising of interest rates and tightening of credit by the Bank of England.
B) a dropoff in the price and exportation of American cotton.
C) the lack of availability of credit for buying western lands in the early 1830s.
D) the default of many state governments that had borrowed lavishly in the 1820s and 1830s.
Correct Answer:
Verified
Q32: When Henry Clay tried to make the
Q33: The person most responsible for the Panic
Q34: During his second term, President Jackson:
A) sponsored
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Q38: The Whig Party believed the Panic of
Q39: The value of federal land sales in
Q40: Anti-Jacksonians called themselves Whigs because:
A) they were
Q41: The Independent Treasury System:
A) established the Democratic
Q42: William Lloyd Garrison believed that slavery:
A) should
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