3 Aug 1893 Jahr - Panic of 1893

Beschreibung:

The Grange created a sense of community, but production outpaced demand. There was erratic fluctuations of the economy and recessions every 5-6 years. An increase of severe depression, but interconnectedness of economy, dependence on railroads, which created labor unrest. Homestead & Pullman strikes began to occur more frequently.

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