1 janv. 1819 - Panic of 1819
Description:
-financial scare-followed economic growth, inflation, and land speculation
-National Bank called in the loans, but many couldn't repay them
-resulted in several mortgage foreclosures and business failures
-many people were thrown into poverty
Ajouté au bande de temps:
Date:
1 janv. 1819
Maintenaint
~ Il y a 206 ans