Many Americans were grateful to the Bank of the United States for its assertive and positive response to the Panic of 1819 that mitigated the damage of the economic downturn.

Question

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The Bank of the United States was widely criticized for its handling of the Panic of 1819, as its policies of tightening credit to control inflation were seen as exacerbating the economic downturn, leading to widespread resentment and financial hardship among the American public.

Many Americans Were Grateful to the Bank of the United