jan 1, 1873 - Panic of 1873
Description:
severe economic collapse distracts the nation from ReconstructionCauses:
- overproduction in industries such as factories,
railroad, and mining
Debtors were hit hardest
- advocate for relaxation of tight money policies
- want greenbacks (agrarian and debtors)
Added to timeline:
Date:
jan 1, 1873
Now
~ 152 years ago