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jan 1, 1819 - Panic of 1819

Description:

- Severe financial crisis brought on primarily by the efforts of the Bank of the United States to curb overspeculation on western lands
- It disproportionately affected the poorer classes,
especially in the West, sowing the seeds of Jacksonian Democracy

Added to timeline:

29 days ago
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21

Date:

jan 1, 1819
Now
~ 207 years ago