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As a Result of the Panic of 1873

Question 34

Multiple Choice

As a result of the Panic of 1873,


A) many American banks closed.
B) the nation blamed Republicans for the economic crisis, enabling the Democrats to win seventy-seven congressional seats in the 1874 election.
C) Reconstruction policies were blamed for the economic crisis.
D) Grant was voted out of office in 1876.
E) Grant blamed himself for not handling the financial crisis firmly enough.

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