Between the mid-1840s and the mid-1850s, the American economy
A) experienced one of the most remarkable periods of growth in the history of the world.
B) continued to stagnate as the result of the Panic of 1837.
C) reflected the general mood of caution and pessimism.
D) suffered a series of severe depressions which halted and reversed previous economic progress.

Question

Quizplus · Accepted Answer

During this period, the American economy indeed experienced significant growth, marked by rapid industrialization, expansion of the railroads, and increased agricultural output, contributing to what is often considered one of the most remarkable periods of economic growth in history.

Between the Mid-1840s and the Mid-1850s, the American Economy