jan 1, 1873 - Panic of 1873
Description:
- A severe US economic depression triggered by overexpansion in railroads, bank failures, and post-Civil War inflation- It led to massive unemployment, the Great Railroad Strike of 1877, and diminished Northern focus on Reconstruction
- It spurred the Grange movement and the Greenback Party
Added to timeline:
Date:
jan 1, 1873
Now
~ 153 years ago