DaddyLongNeck
DaddyLongNeck DaddyLongNeck
  • 01-09-2021
  • History
contestada

By 1834, the South had overproduced cotton. This led to the “Panic of 1837,” which makes the price of what three things drop?

Respuesta :

BugMeNot
BugMeNot BugMeNot
  • 01-09-2021

Answer:

Gold and silver, land, and cotton.

Explanation:

The Panic of 1837 was a financial catastrophe that precipitated a multi-year economic downturn in the United States. The United States' and the United Kingdom's fiscal and monetary policies, global gold and silver movements, a collapsing land bubble, and declining cotton prices were all to blame.

Answer Link

Otras preguntas

what does etymology study?
A circular pool is ten feet in diameter and five feet deep. What is its volume, in cubic feet?
If ab = 10 and a2 + b2 = 30, what is the value of (a + b)^2?
least number that has 2, 3, 4, as factors
What is 0.05 percent of 6.5?
The significance of the Open Door Policy for the United States lay in its (A) providing a use for the Philippines as a way station between China and the United
which explorer sailed for france?
If it takes Mark twice as long to earn $6.00 as it takes Carl to earn $4.00, what is the ratio of Mark’s pay per hour to Carl’s pay per hour?
If ab = 10 and a2 + b2 = 30, what is the value of (a + b)^2?
Suppose you ride your bicycle to the library traveling at 0.5 km/min. It takes you 25 minutes to get to 1.3 the library. How far did you travel?