Panic of 1893 (1 Jan 1893 Jahr – 1 Jan 1897 Jahr)
Beschreibung:
As Cleveland came into office, the stock market crashed and triggered the most severe downturn in American history to this point. It was the result of over-speculation and railroad bankruptcies. In response, Cleveland took a “hands off” approach and championed the gold standard. The economic crisis led to gains for the People’s Party.
Zugefügt zum Band der Zeit:
Datum:
1 Jan 1893 Jahr
1 Jan 1897 Jahr
~ 4 years