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oct 16, 1907 - Panic of 1907

Description:

This was a financial crisis where in the course of three weeks, the stock market decreased in value by 50%. Because this occurred in a period of recession, it spurred numerous runs on banks.

Added to timeline:

10 Nov 2017
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The History of American Banking
An assignment for Economics. Spans from the First Bank of th...

Date:

oct 16, 1907
Now
~ 116 years ago

Images:

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