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The Whig Party Believed the Panic of 1837 Happened for All

Question 38

Multiple Choice

The Whig Party believed the Panic of 1837 happened for all of the following reasons EXCEPT:


A) irresponsibility on the part of Henry Clay in creating his financial plan.
B) passage of the Specie Circular of 1836.
C) the predominance of "pet banks" that emerged during the 1830s.
D) the destruction of the national bank by Andrew Jackson.

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